I think AX8 is at a point that justifies having a charting thread, so that we add another dimension on discussions to where this could go.
Fundamentals will drive the prices but charts are here to give clues and help with probabilities so please be civil in discussions here.
Things looking quite good. The recent trend shows that we are on an upward channel trend (3 purple lines).
We should have hit the bottom channel line earlier this week. Things should go up from here. Any news on a double digit g/t in gold from the labs should lift this up in BIG MULTIPLES but in the meantime we still have this healthy channel to flow upwards with.
Orange arrow shows that people are clearly accumulating in this phase. Myself included.
Good luck, guys.
Chart & Technicals - AX8
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $6.217M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $6.644K | 621.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 346967 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 664010 | 3 |
View Market Depth
| Last trade - 14.18pm 27/09/2024 (20 minute delay) ? |
| AX8 (ASX) Chart |