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.
@ouyann20 yeah very exciting to see. However I totally forgot that it takes about two weeks to release tax returns so that’s why i was a week early. Did you get in?
ouyann20
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@dekudekudeku, thanks you so much! I previously held some, but now sold part of it and reduced the holding, may buy back when the price pulls back to a certain level.
dekudekudeku
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@ouyann20@ouyann20 Nice job! I’ve set my stop loss at $1.2450 and created a new sell order at $1.3850.