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
AXE chart
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Last
48.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $123.6M |
Open | High | Low | Value | Volume |
47.0¢ | 50.0¢ | 46.5¢ | $99.72K | 204.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.480 |
3 | 21914 | 0.470 |
1 | 11000 | 0.465 |
1 | 16304 | 0.460 |
1 | 2190 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 10000 | 1 |
0.505 | 30000 | 1 |
0.510 | 85470 | 5 |
0.515 | 23000 | 2 |
0.520 | 70936 | 3 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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|||||
Last
48.5¢ |
  |
Change
0.000 ( 1.04 %) |
|||
Open | High | Low | Volume | ||
47.0¢ | 50.0¢ | 46.5¢ | 27960 | ||
Last updated 15.51pm 03/05/2024 ? |
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AXE (ASX) Chart |