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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WRONG!!i have nothing to do with walls. Walls are not...
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Last
20.0¢ |
Change
0.010(5.26%) |
Mkt cap ! $56.06M |
Open | High | Low | Value | Volume |
19.5¢ | 22.0¢ | 19.5¢ | $177.9K | 858.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 98427 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 12000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 95151 | 0.200 |
6 | 40276 | 0.195 |
8 | 36476 | 0.190 |
7 | 102527 | 0.185 |
12 | 157168 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 15276 | 2 |
0.210 | 26276 | 3 |
0.215 | 34389 | 3 |
0.220 | 168888 | 3 |
0.225 | 136400 | 5 |
Last trade - 11.56am 27/09/2024 (20 minute delay) ? |
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AXE (ASX) Chart |