AXE archer materials limited

AXE Chart, page-208

  1. 5,030 Posts.
    lightbulb Created with Sketch. 6542
    axe_ax01oct08_to_15apr20.png

    The up trend WEEKLY lr chart from 28/11/2008 to the sp 44c. high on 04/05/2012, generated an upper channel range of 21c. (44c. - 23c. = 21c.).

    The horizontal extrapolation of  the up trend lr line (23c.) is a FORMATIVE support/resistance level......as well as the HARBINGER of  bull & bear traps.

    Post 04/05/2012, key up side TP's/resistance tests are FORWARD looking (extrapolated), and will be (generally) MULTIPLES of that  21c. range.

    The FORMATIVE SUPPORT level @ 23c. is yet to be (back) tested .

    Cheers...and on the watchlist.


    axe_ax27may08_to_17jan26.png
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
23.0¢
Change
-0.010(4.17%)
Mkt cap ! $58.61M
Open High Low Value Volume
24.0¢ 25.0¢ 23.0¢ $105.7K 449.9K

Buyers (Bids)

No. Vol. Price($)
3 9000 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 35181 4
View Market Depth
Last trade - 15.27pm 23/06/2025 (20 minute delay) ?
AXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.