NASDAQ:AXSM
- Has been showing strong upside movements with healthy corrections for a while now
- Down about 28% from all-time-high now
- Strong support levels down from the current price ~$70
- Overall doing great as a company
- Take Profit ~$89 as it fills a gap, conservative estimate
- Higher profit can be achieved in the long term
- Stop loss slightly...
Axsome Therapeutics - NASDAQ:AXSM
▫️ Entered a position in Oct 2022 on the bounce off the 200 week SMA (averaging $50.77c per share)
▫️ That position is presently in 73% profit
▫️ I have no intention of selling at present as we have a strong underside support from the 200 week MA, the 200 day MA and high volume trading zone from $70-78.
▫️ This a longer term...
Axsome Therapeutics Inc (AXSM)
I have been in this spot trade since $50.77. We are now at $72.93. I have much higher targets as you can see from the chart.
This is a long term trade looking to hold for 12 – 24 months however feel that something is going to happen within 6 – 12 months based on the chart.
- Forming pennant on chart and RSI. Potential for...
Double Bottom reversal along the dominant trendline that can be drawn
Price moves interestingly along the Fibonacci circle
I expect bulls to take charge
Welcome to this quick
AXS/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- AXS/USDT analysis is triangle ready and retest complate green zone fast by the dip.
And AXS/USDT is fundamentals is strong is metaverse !
Entry:- cmp And green zone
Traget:- 30% to 45%
Stoploss:-...
Hello traders, I see a potential short term bullish stock setup. We are in 2 nice bullish flag pattern and testing support area. If we get a nice rejection from 46-47 area and broke the minor bullish flag pattern. It's possible to push upside around 57. Our expectation is %21 return in short time while we risking just %7. Nice risk reward ratio 1-3.
Please support...
