I first started tracking AXSM on Monday Jan 7th (Pre-market at approx. $5.00), and it has since Sky-Rocketed to a high of $17.05 today pre-market Tuesday March 26th representing 248% in Gains, locking in enormous profits.
Although I do not have access to a Market Profile indicator on TradingView , I've shaded in the areas (on a 30 minute bar chart) where I see two separate distributions from Friday's double distribution trend day selloff.
If the market opens Monday in the lower distribution, I would look to enter a day trade short if price rallies to the high of this balance and...
The pair is trending in an ascending channel and in the weekly chart it is clear that we will have an inside bar which extend my view over the next upcoming weeks for a down trend. I setup a pending short position on the chart. Wish you have a great weekend.