AXS just broke out of the downtrend and $13-14 is a reliable support for us to accumulate AXS. In the next few days AXS can approach the $18 zone to test this zone and if successful it will continue to move towards the $24 zone. The selling force at $24 will be very strong so we can consider taking profit and wait to buy it back at a lower price.
However, we should still prepare for the possible bad case that if AXS loses the $13 zone, we will consider buying it back at $10, which is the price zone conquered in July of last year, there was definitely a strong buying force here
However, we should still prepare for the possible bad case that if AXS loses the $13 zone, we will consider buying it back at $10, which is the price zone conquered in July of last year, there was definitely a strong buying force here