BreakoutI believe this stock done a beautiful breakout at 0.41 so plenty of time to enter the market for a good return. Please leave your idea for me. Thanks everyone for reading
−0.035AUD
−9.05 MAUD
221.28 M
About ARCHER MATERIALS LIMITED
Sector
Industry
CEO
Mohammad Choucair
Website
Headquarters
Adelaide
Founded
2007
ISIN
AU000000AXE7
FIGI
BBG000RMVN60
Archer Materials Ltd. is a materials technology company, which engages in the developing advanced semiconductor devices and processor chips related to quantum computing and medical diagnostics in Australia. The company was founded on February 16, 2007 and is headquartered in Adelaide, Australia.
$AXE on the ASX - Falling wedge breakoutFalling wedge breakout on $AXE looks to be a reversal in the current market conditions. Still a somewhat conservative target for short-medium term trade given macro environment, however, I believe this is a great entry point for a long term investment for those who believe in the quantum processing/
$AXE wake me up above 1.75.accumulation is ok, but bit of a low slung dog just here. I bought a few at 1.57 but any new trend need to close above 1.75.
$AXE buyzone volume coming in. Buyzone 1.68-1.75 Have been waiting to see which way this resolves. Strong buying kicking in here. Happy to buy below 1.75 in anticipation of a move.
Warning: this is a girlfriend, but the volume speaks for itself.
$AXE lots of damage but undercut the 8 day beautiful like. Has undercut the 8ema today and rallied where you like to see. Worth watching that behaviour. Wheat from the chaff.
BTW to paraphrase the old mentor, they're all meme stocks until they're not.
Australias Archer Materials On A Big RunWell timed by @EarlHoldings and @Hodgo
Archer is cracking along. I had forgotten about it. Doh :)
$AXE review - powerplayI didn't realise until tonight, this is a great example of a powerplay. See Mark Minervinis stuff for more info on what the basic rules are.
AXE came out of a Slightly weird base, but lifts 100%, then bases for a couple of weeks, less than 20% pullback, before a powerful breakout.
I was too clos
$AXE possible buy around the 20 day. take out 1.55 also a pbbMight get an undercut on the open tomorrow, and offer up a great buy opp on the puke. Lets see. If it takes out the 1.55 open I will look at that as the secondary add.
$AXE patents pending: more speculators. Ride em.Holding and breaking out above the top of the channel. Keep making those incremental improvement Dr Choucair and Marty.
$AXE A great week post Bear market Monday flush10% pullback and then closing out the week at all time highs. Usually not an indication of tops. Expecting a $B next to this market cap at some stage.
Patents imminent for a room temperature 12CQ quantum computing qubit processor chip.
Notice of Allowance issued.
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Frequently Asked Questions
The current price of AXE is 0.455 AUD — it has decreased by 4.21% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange ARCHER MATERIALS LIMITED stocks are traded under the ticker AXE.
AXE stock is 4.40% volatile and has beta coefficient of 0.56. Check out the list of the most volatile stocks — is ARCHER MATERIALS LIMITED there?
Yes, you can track ARCHER MATERIALS LIMITED financials in yearly and quarterly reports right on TradingView.
AXE stock has fallen by 12.50% compared to the previous week, the month change is a 5.81% rise, over the last year ARCHER MATERIALS LIMITED has showed a 9.64% increase.
AXE net income for the last quarter is −2.81 M AUD, while the quarter before that showed −5.47 M AUD of net income which accounts for 48.67% change. Track more ARCHER MATERIALS LIMITED financial stats to get the full picture.
Today ARCHER MATERIALS LIMITED has the market capitalization of 122.33 M, it has decreased by 6.36% over the last week.
No, AXE doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, AXE shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ARCHER MATERIALS LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ARCHER MATERIALS LIMITED technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ARCHER MATERIALS LIMITED stock shows the sell signal. See more of ARCHER MATERIALS LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.