AXS is near its trend line resistance around 23. If the resistance holds then it will follow its cycle 3rd time and move towards the trend line support.
Otherwise, if the resistance is broken and retested as support, AXS will pump irregularly due to the squeeze of short positions.
Otherwise, if the resistance is broken and retested as support, AXS will pump irregularly due to the squeeze of short positions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.