Another charting update. Looking at the 12month chart for AXY...

Another charting update. Looking at the 12month chart for AXY and the best feature is the substantial increase in volume. As I posted earlier, its volume that will drive prices up, and the chart is showing that interest in AXY on the rise.


We saw prices go upto 6.5c and bounce back down. Its my opinion that prices will hover between 6c and 6.5c until some good news comes out, then a leg upto the 8c barrier. But the parabolic rise in prices is always a good sight.

Todays announcement, that Horizon Drive have offloaded 7.5million shares (the two big cross trades this week) appears to be a piece of profit taking - they still have 28million shares in AXY