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.
[ATTACH] The up trend WEEKLY lr chart from 28/11/2008 to the sp...
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $71.35M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $32.29K | 115.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 15905 | 3 |
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| Last trade - 12.44pm 31/07/2025 (20 minute delay) ? |
| AXE (ASX) Chart |