Axs is showing a fantastic double bottom pattern followed by a bull flag to break to the upside.
This is s measure move and the chart tells it all. The red line is the 200 MA that serves as resistance. That is where i am looking to take profits. A move below $62 will invalid this pattern and that is where my Stop Loss will be.
Happy trading.
This is s measure move and the chart tells it all. The red line is the 200 MA that serves as resistance. That is where i am looking to take profits. A move below $62 will invalid this pattern and that is where my Stop Loss will be.
Happy trading.
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