Thought a Chart thread will be useful here.
Came across AX1 over the weekend, hard to find such a visually apealing setup with the backing of solid fundamentals.
Ascending triangle formation in place over an extended period of time // Target= $2.500 (~ +40%)
Resistance at $1.680 broken on friday on adequate volume.
$1.685 tested today on below average volume // $1.680 becoming support.
Positive on balance volume suggesting accumulation.
First parcel bought today with a tight stop // 2nd parcel will come once $1.770 broken.
Thought a Chart thread will be useful here. Came across AX1 over...
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 (20min delay)
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Last
$2.02 |
Change
-0.025(1.23%) |
Mkt cap ! $1.145B | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.06 | $2.01 | $1.171M | 575.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 19479 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 31930 | 31 |
View Market Depth
| Last trade - 11.25am 24/06/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |