AXE 2.13% 23.0¢ archer materials limited

WRONG!!i have nothing to do with walls. Walls are not...

  1. 6,868 Posts.
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    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
    https://hotcopper.com.au/data/attachments/6130/6130854-db1dcef42b00add35f3c7c31a40aadc0.jpg
    https://hotcopper.com.au/data/attachments/6130/6130857-2f76245f95041521e5dbb57ebb7acf04.jpg
 
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23.0¢
Change
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Mkt cap ! $58.61M
Open High Low Value Volume
23.5¢ 23.5¢ 23.0¢ $25.80K 111.5K

Buyers (Bids)

No. Vol. Price($)
10 149584 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 3068 1
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Last trade - 16.10pm 11/09/2024 (20 minute delay) ?
AXE (ASX) Chart
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