$AXS TO $3? THIS CHART IS GETTING HARD TO IGNORE.
Everyone is chasing the latest narrative, but AXS has been quietly building a base around 1$
For nearly five months, every major dip into this zone has been bought back. That tells me one thing: buyers are defending this level.
The last time AXS built a strong base, it surprised the market with a powerful rally.
If 1$ continues to hold, I believe $3 is a realistic target, with $2 being the first major hurdle.
I'm keeping $AXS on my radar.
#AXS
Everyone is chasing the latest narrative, but AXS has been quietly building a base around 1$
For nearly five months, every major dip into this zone has been bought back. That tells me one thing: buyers are defending this level.
The last time AXS built a strong base, it surprised the market with a powerful rally.
If 1$ continues to hold, I believe $3 is a realistic target, with $2 being the first major hurdle.
I'm keeping $AXS on my radar.
#AXS