AXE 1.52% 33.5¢ archer materials limited

AXE Chart, page-151

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    Hope no one minds if I post a chart on the chart thread !tongue.png

    Based, new higher low and volumes high around the lows suggesting a changing of the guard
    MACD Turning up from below zero line.

    Argument could also be made that there is an inverse head and shoulders pattern, with shoulders at 37 and a neckline in the 62 to 68 range, and that, coincidentally puts a target around the prior spike high just under a buck

    Macro picture looks pretty grim to me, but AI is still cruising, so who knows.

    Anyway, topped up on this bounce

    https://hotcopper.com.au/data/attachments/6192/6192240-55b5b963815147dfb7ea11930355186f.jpg
 
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AXE (ASX) Chart
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