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Re: janeyH post# 2702

Tuesday, 01/18/2022 1:11:03 PM

Tuesday, January 18, 2022 1:11:03 PM

Post# of 5329
Applying "dream" to AXIM is not quite apropos, perhaps it might better be replaced with "hope" or "I hope someone buys the story and I can sell my shares to them" or even "wouldn't it be nice (insert share price here)" but certainly not a dream about the event. Given the rather anemic volume of late, one might then expect the price to be volatile in both directions based on little volume to validate the price move. The AXIM price should move up if there is sustained volume, in other words, watch for a repetition of volume much like hitting the key on a piano where not using the pedals, you hear the initial note strongly then the gradual diminishing of it. Another striking of the key indicates volume then the dropping off, and so on. Of course, there has always been the argument as to what constitutes noise and what is music. Simply put music is fast attack and slow decay whereas noise is a fast attack and fast decay (the striking of a drum stick on a table top for instance). It is a spike to nothing, whereas the sustain after the initial note being struck is what you want in trading any stock, up or down. So watch for the music, the continual striking meaning volume, which gives you a stepping up pattern or stepping down pattern. Perhaps later I can illustrate the dangers of averaging down in a downtrend, but not today. Buyers are needed not sellers and I don't wish to be blamed for bringing the price down.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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