As you can see over the past few weeks we have seen
AXE
follow this channel with only 1 touch to its support. There is still a moderate amount of buying volume entering the market and we are looking to close in on its supports 2nd touch. This interaction "may" see
AXE
try to achieve its all time highs by the mid to late week on the back of FOMO and extra disposable income due to the 2020/2021 EOFY tax returns.
Buy order: $1.000-$1.010.
Stop loss: $0.920 (-8.46%)
Take profit ranges: $1.100 (+9.45%) / $1.200 (+19.43%) / $1.250 (+24.35%) / $1.335 (+32.89%)
Not financial advice. Be safe and good luck!
Buy order: $1.000-$1.010.
Stop loss: $0.920 (-8.46%)
Take profit ranges: $1.100 (+9.45%) / $1.200 (+19.43%) / $1.250 (+24.35%) / $1.335 (+32.89%)
Not financial advice. Be safe and good luck!
Trade active:
correction* not ATHs, I meant 52 week high.