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
- Forums
- ASX - By Stock
- AXE Chart
WRONG!!i have nothing to do with walls. Walls are not...
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AXE (ASX) to my watchlist
(20min delay)
|
|||||
Last
44.5¢ |
Change
-0.015(3.26%) |
Mkt cap ! $113.4M |
Open | High | Low | Value | Volume |
46.0¢ | 46.0¢ | 44.5¢ | $36.43K | 80.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21432 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.5¢ | 13500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21432 | 0.445 |
5 | 165500 | 0.440 |
9 | 46917 | 0.430 |
4 | 86300 | 0.425 |
7 | 122107 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.455 | 13500 | 1 |
0.460 | 72100 | 3 |
0.470 | 41530 | 4 |
0.475 | 44587 | 1 |
0.480 | 26808 | 3 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
45.0¢ |
  |
Change
-0.015 ( 1.12 %) |
|||
Open | High | Low | Volume | ||
45.0¢ | 45.8¢ | 44.5¢ | 32152 | ||
Last updated 15.53pm 13/05/2024 ? |
Featured News
AXE (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online