AXE archer materials limited
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That 20 shares keeps coming back on offer for the day at $0.73....

  1. Gerrado
    7,231 Posts.
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    13/02/25
    19:56
    Post #: 77848004
    That 20 shares keeps coming back on offer for the day at $0.73. yes, a parcel currently worth just $7.

    Yesterday, prior support tested and gap filled.

    Today, small bounce of prior support (which also happens to be 200EMA) with slightly higher volume than yesterday.

    https://hotcopper.com.au/data/attachments/6808/6808648-dcc18e2ec23728faa7b546336dad3354.jpg

    Tonight, closed at $0.365… which (coincidentally?) happens to be exactly half the recurring offer at $0.73… hmmm…

    And commsecs bids/offers the tightest equilibrium i’ve seen in a while at ~1.2m each.

    Did someone say Archer was at an inflection point?

    So tomorrow…?

    In recent history we’ve seen some buying surges into the weekend, light up some scans and get traders prepared for Monday.

    Next week, 70’s here we come?
    AXE Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
27.0¢ 		Change
-0.010(3.57%) 		Mkt cap ! $68.80M
Open High Low Value Volume
28.0¢ 28.0¢ 27.0¢ $9.488K 35.01K

Buyers (Bids)

No. Vol. Price($)
1 11424 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 67228 2
View Market Depth
Last trade - 15.59pm 16/06/2025 (20 minute delay) ?
AXE (ASX) Chart
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