AXS has been trading in the $120-$140 range for quite some time. Additionally, it is worth noting that a narrowing of the trading range is taking place. It means that a strong momentum is coming and it is likely to be upward. A good buying opportunity would be a squeeze and a breakout.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.