Well dumba$$ here seems to have worked out why that $1.40 was a recent burr in our saddle there for awhile.
It seems on closer inspection that $1.40 was the breakout price following a traditional w shaped double bottom.
I can’t post charts but if you go back to that final big red candle on the daily early Sept, $1.40 has been an important support resistance level since then.
Breaching that and closing above a week or so ago gave us our bullish confirmation and away we went.
This is all basic stuff for you pros out there i know. However there is not a great community here around this stock so sometimes we just have to work things out for ourselves
AX1 Chart thread, page-46
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Last
$1.96 |
Change
-0.010(0.51%) |
Mkt cap ! $1.100B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.97 | $1.95 | $1.425M | 728.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3687 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.96 | 1615 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |