$AXE ticking away on qubit and the C&H?Been a bit wobbly since the cap raise, but starting to consoldate now. Im looking for a completion of this dodgy cup and handle through 66. Probably hoping it forms a VCP too.Longby Hodgo1
ARCHER TO RALLY?ASX:AXE Archer Materials Limited is a materials technology company developing materials in quantum computing, biotechnology, and lithium-ion batteries, and exploring for minerals in Australia. The Company has strong intellectual property, broad-scope mineral tenements, world-class in-house expertise, a unique materials inventory, and access to over $300 million of technology development infrastructure. After a great announcement this morning titled "Chip build fast-tracked with qubit modelling" in which advancements have been made in their quest to build quantum technology that will be integrated eventually into existing electronic platforms, some would say that having a signed partnership with IBM is also very advantageous. We have seen a bullish move within the Daily Ascending Triangle but due to the markets unpredictability we play Bull and Bear and here are the scenarios below. Bullish: Daily Ascending Triangle continuing to be respected Re claimed the 20MA Bullish Rejection out of the Ichimoku Cloud MACD anticipated bullish cross Stochastic approaching the 50 with anticipated cross Bullish break inside Ascending Triangle hunting 25% Internal Target 1 if respected. IF Ascending Triangle Completes and Major news is released, Fractal Targets 1&2 are as displayed. Keep in mind Major Resistance needs to be broken and I'd wait for confirmation of direction around the Internal Target 1 zone. Bearish: Fail Ascending Triangle would see us test previous Equilibrium then potentially Previous Support Stochastic would fail the 50 and reverse MACD would turn Bearish and spread Break the Ichimoku Cloud similar to July break Forming Large Scale Bullflag identified by Green Rotated Rectangle needing another touch which would GAP Fill 08/05-11/05 Definitely a company to add to your watchlist. IMO DYOR DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation. Longby Trader_Johnni117
ARCHER 40% OR 23%?Archer Materials Limited (ASX:AXE) A materials technology company developing materials in quantum computing, biotechnology, and lithium-ion batteries, and exploring for minerals in Australia. The Company has strong intellectual property, broad-scope mineral tenements, world-class in-house expertise, a unique materials inventory, and access to over $300 million of technology development infrastructure. I see 2 Scenarios playing out, either 1.) Break out of Descending Triangle and shoot for a 16-40% Target. -Previously Broken out of 2 very Similar Fractal Pattern Triangles. -Recent Share Purchase Plan OverSubscribed. -Recent Sale of Leigh Creek Project. -4hr .382 Fib, 1hr .618 Fib Retracement levels held. -MACD cross anticipation -RSI Neutral -Daily Support Holds 2.) Descending Triangle Completes and we aim for .5 Fib Retracement Support after a 570% Rise (Looking for the Rebound) -10/20 EMA Death Cross (Heading for 50) -Descending Triangle Pattern -RSI Neutral -MACD fails to cross and spreads -Gap fills between .545 - .525 -Daily Support Fails Eyes on... These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!Longby Trader_Johnni1116
$AXE orderly pa and 8ema intact. Can it keep climbing?Potential continuation buy on the break of 46. Really nice drop off in volume. Like to see a little shelf build under 46 for a day or two. Extremely aggressive, and really this is an add to existing postion. If buying go small as this is extremely aggressive. On volume!Longby Hodgo115
$AXE IBM are in the house. Gaap upThis is a BGU (buyable gap up) in play. stop below todays lows and hang on tight.Longby HodgoUpdated 5
$AXE:ASX - ARCHER MATERIALS - 230% gain over 12 monthsArcher is an interesting company. I thought it was just a resource explorer but looking at their website they are heavily engaged in Quantum computing research. Everything from materials to building the chips. With a sharp price increase over the last couple of months, could be overextended, but also well worth a watch. ARCHER IS A MATERIALS TECHNOLOGY COMPANY: Materials are the tangible physical basis of all technology. We’re developing and integrating materials to address complex global challenges in quantum technology, human health, and reliable energy. ADVANCED MATERIALS TO UNDERPIN TECHNOLOGY: We’re developing advanced materials to build disruptive technology. Our innovative materials include carbon-based qubits for quantum computing, graphene enhanced biosensors, graphitic battery anodes and more. MINERAL EXPLORATION TO SECURE FUTURE ECONOMIES: We’re exploring Australia’s natural resources to source the building blocks of modern technology. Our projects span critical minerals like graphite, copper, tungsten, cobalt and more. INTEGRATION TO ACCELERATE GLOBAL IMPACT: Our approach to materials development and exploration is enabling a new wave of converging technologies, each with the potential to positively impact global industries spanning electronics, medicine, and energy. TECHNOLOGY: Materials that enable quantum information processing could transform all industries dependent on computational power. The development of our 12CQ qubit processor chip could provide a potential solution to room-temperature quantum computing and enable direct consumer ownership of quantum computing powered technology. HEALTH: Materials in complex biosensing devices provide the means to identify disease and infection. We are developing a potential solution to rapid multiplexing that involves printable graphene-based biosensors that could simplify medical diagnosis and aid point of care disease management. ENERGY: Materials that have the ability to control the accumulation of heat, light and electricity reversibly and efficiently have wide-reaching applications in energy storage and use. We are developing mineral commodities for downstream use in battery technologies that could address trade-offs between cost and performance. Longby zAngusUpdated 448
$AXE reversal bar on volume today aka shakenbakeShakeout now see whether it can form a cup and handle through 16. Before Christmas be good thanks Santa.Longby HodgoUpdated 3
$AXE 16 looks to be the level to clearclear longer term res, when, if cleared might release the handbrake. And determine if the quantum computing is legit or needs more work. On volume of course. Longby Hodgo6
$AXE - quantum leap coming mofo'slove this tech. Attending conference in Bor-ston. Hopefully not just beer and canape's. looks like up is the higher proabilty here. by Hodgo6
$AXE -quantum leap coming. (I know Im in the wrong game)`I shoulda been a subeditor. But otherwise this looks good imvfho.by Hodgo6
$AXE - cracking breakout today after the Melbourne Preso. $PPK and now $AXE and their qubit,partnering with universities in cutting edge tech. The risks are massive, but great to see Australian Universities partnerships developing. Hopefully just the beginning. Melbourne punters love a gamble as proven today. Decent money stepped in after a solid preso today. Could tell people were standing around with itchy fingers.. snooze you lose. Longby Hodgo1
$AXE - Nice breakout today on volume. these guys have got some irons in the fire! Complex, high tech business. I'll just follow the chart for now. Did someone say quantum computing? I hold.Longby Hodgo2
AXE.ASX - Short to medium term price forecastShare prices have broken out of the price channel to the upside and its looking good for a long position if it holds above the current support at 0.125 and also the support trend line. A short-term target is at around 0.155-0.170by Rotuma0