AXE breaking out from a 34 week Symmetrical Triangle (after a false move a few days ago).
Coincides with a 61-day Rectangle breakout. Needs to clear the midpoint of the Triangle (0.67)
for confirmation, though I would not expect that today. I am long with as stop @ 0.505 and a
measured target of circa 0.9
Not generally a fan of Symmetrical Triangles but with the Rectangle overlap I was willing to give
this one a shot.
My sentiment hold, as it has popped quite hard since my entry and risk/reward metrics have
changed somewhat. Still pretty decent IMHO, but I prefer to keep my sentiment in line with
what I actually do myself. Has run hard today (note the gap as well) and a slight pullback could
possibly provide a better entry...
GLTA
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AXE breaking out from a 34 week Symmetrical Triangle (after a...
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Last
21.5¢ |
Change
-0.015(6.52%) |
Mkt cap ! $54.79M |
Open | High | Low | Value | Volume |
23.0¢ | 23.0¢ | 21.5¢ | $197.4K | 891.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6009 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 15210 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6009 | 0.215 |
11 | 298269 | 0.210 |
3 | 82382 | 0.205 |
8 | 72995 | 0.200 |
2 | 8580 | 0.195 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 210 | 1 |
0.225 | 74000 | 2 |
0.230 | 3030 | 1 |
0.235 | 6741 | 2 |
0.240 | 76099 | 3 |
Last trade - 16.10pm 30/06/2025 (20 minute delay) ? |
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AXE (ASX) Chart |