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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Last
44.5¢ |
Change
0.005(1.14%) |
Mkt cap ! $113.4M |
Open | High | Low | Value | Volume |
45.0¢ | 45.5¢ | 44.0¢ | $89.68K | 199.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 9908 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 8971 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 9908 | 0.440 |
1 | 10000 | 0.435 |
1 | 10000 | 0.430 |
3 | 35000 | 0.425 |
2 | 22380 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 8971 | 1 |
0.455 | 1200 | 1 |
0.465 | 55777 | 3 |
0.470 | 78727 | 5 |
0.475 | 44587 | 1 |
Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
44.5¢ |
  |
Change
0.005 ( 0.41 %) |
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Open | High | Low | Volume | ||
45.5¢ | 46.0¢ | 44.0¢ | 147492 | ||
Last updated 15.52pm 24/05/2024 ? |
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AXE (ASX) Chart |