Upon review bullish divergence can be seen indicating a change in trend after a very long downtrend.
mac d is on
price action is in a descending tringle and may break up or down.
AXXA closed up 2.17 percent on Wednesday, September 8, 2021, on 56 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
The Barchart Technical Opinion rating is a 100% Sell with a Average short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
be careful trading against trends
mac d is on
price action is in a descending tringle and may break up or down.
AXXA closed up 2.17 percent on Wednesday, September 8, 2021, on 56 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
The Barchart Technical Opinion rating is a 100% Sell with a Average short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
be careful trading against trends