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AXE - Archer Materials

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Bit of profit taking into the blue-sky which is to be expected.

As long as either of the short term Support levels hold and the accumulation remains, it still looks pretty good. (Don't hold)

ps. Secondary Support immediately tested after the Open but bounced quickly. Scary but positive


 
frugal.rock said:
Yeah, it's just King Kong shaking the little monkeys out of the tree... I think. ?
Click to expand...

More than likely.

There are a lot of Monkeys holding valuable bananas at the moment of course, so the tree may cop more than a couple of shakes

Always nervous times when the SP gets a little hammered after a big rise.
 
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