AXS is getting rejected again from 150 levels. Currently its moving in the lower bullish channel and getting rejected from the upper bullish channel. And day end closing above 150 will bring it a new bullish zone and can bring the price to 200+. The confirmed rejected from 150 might bring it back to 130 before it starts moving again.
Buy it if it closes above 150 at day end.
2nd scenario buying is around 125 to 130 with stop loss of 110.
Buy it if it closes above 150 at day end.
2nd scenario buying is around 125 to 130 with stop loss of 110.
Comment:
AXS is continuously getting rejected from the middle trendline. The movement area is squeezing as well. Any given day, AXS will give a massive breakout. Fingers crossed.