A pattern called a bump and run where price over extends a lot but then returns to the strong trend line and accounts for the large rise
I have shown this bump and run with arrows on chart
Being at the long term trend line on this Weekly timeframe I would say that AX has bullish potential.
I have shown this bump and run with arrows on chart
Being at the long term trend line on this Weekly timeframe I would say that AX has bullish potential.