WRONG!!
i have nothing to do with walls. Walls are not necessarily created at a typical resistance points but can be.
A wall is constructed from either a large seller or a group of sellers at a particular price and evident in the market depth.
A potential resistance point is typically identified on the chart (not in the depth though a wall in the depth might appear at resistance).
You're confused with the definition between a seller wall and resistance, though they can both appear at the same price level they're different terms.
i wouldn't be laughing at your own lack of understanding of trading terminology, but you are welcome to.
i have drawn an arrow at a wall in the depth of AXE @70c it's a wall as decent volume, keep in mind others may appear onnce market opens
Then i have drawn resistance lines on the chart![]()
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23.5¢

AXE Chart, page-105
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $58.61M |
Open | High | Low | Value | Volume |
24.0¢ | 25.0¢ | 23.0¢ | $63.29K | 266.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6 | 23.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 238421 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6 | 0.235 |
7 | 106631 | 0.230 |
5 | 63589 | 0.225 |
7 | 64545 | 0.220 |
1 | 20000 | 0.215 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 238421 | 9 |
0.245 | 23189 | 4 |
0.250 | 52255 | 3 |
0.255 | 1986 | 1 |
0.260 | 5555 | 1 |
Last trade - 12.11pm 23/06/2025 (20 minute delay) ? |
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AXE (ASX) Chart |