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
43.5¢ |
Change
-0.010(2.25%) |
Mkt cap ! $110.8M |
Open | High | Low | Value | Volume |
44.5¢ | 44.5¢ | 43.5¢ | $29.80K | 67.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9549 | 43.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 4854 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9549 | 0.435 |
2 | 40000 | 0.430 |
1 | 10000 | 0.425 |
1 | 2380 | 0.420 |
1 | 2000 | 0.415 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 4854 | 3 |
0.450 | 25000 | 1 |
0.455 | 1500 | 1 |
0.465 | 15000 | 1 |
0.470 | 58727 | 4 |
Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
  |
Change
-0.010 ( 1.94 %) |
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Open | High | Low | Volume | ||
44.0¢ | 44.0¢ | 43.5¢ | 23241 | ||
Last updated 15.59pm 27/05/2024 ? |
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AXE (ASX) Chart |