AXLUSD is a stock to watch. It had a continuous rise that took it to a maximum of $2.70. It is now trading at $0.60.
It has already overcome the downward trend and is settling its price to begin a new price escalation. It has to overcome the previous lower high at $0.70 to be ready for a bullish rally.
Before breaking upwards, it could mark a DOUBLE BOTTOM in the $0.40 area. Hence the importance of breaking the $0.70 levels and not losing the dynamic support.
The objectives are clearly marked.
This strategy can be executed with TradeX BoT when we finish developing it.
TradeX BoT (in development):
Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances… It allows you to easily establish SL (%), TP (%), SL Trailing… multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Inform yourself, train yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.