Buying pullback to volumeWill watch to see if it comes back to $2 and will buy. Earnings grew 170% this year , forcast 7% - fair value $5-6
AX1 trade ideas
AX! - Could we see a bounce?AX1 has dropped hard but is now reaching towards a strong support zone. We could see a potential bounce in this zone. I will be monitoring price action and will buy once bullish price action is confirmed in the Support Zone.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
AX1.ASX_LongENTRY: 2.26
TP1: 2.37
TP2: 2.57
SL: 2.1
- RSI>70
- ADX>25
- MAs are aligned
- Good volume on break-up today
$AX1 Long trade setupHeres my trade set-up for $AX1 : ASX today. Went long off this gap up after the initial dip and double bottom. Stop loss and targets in place. Not financial advice.
