AXS: Nice Pump, $10 Next?
AXS is gaining momentum and pumping very very hard right now. There have been some announcement from the developers which act as fuel to already fast-moving AXS.
Now, AXS faces strong resistance at 5.95. I don't expect AXS to break it on a single try as the indicators seem to be exhausted at the moment. I expect a small retracement after reaching this level before attacking this resistance again. Failure to crack the resistance on the second time and if in case a lower bottom is formed, AXS may retrace back to $3 level. If you are already in AXS trade, book some profits at these levels, and if you are not, wait for AXS to break the resistance and buy on the retest.
Now, AXS faces strong resistance at 5.95. I don't expect AXS to break it on a single try as the indicators seem to be exhausted at the moment. I expect a small retracement after reaching this level before attacking this resistance again. Failure to crack the resistance on the second time and if in case a lower bottom is formed, AXS may retrace back to $3 level. If you are already in AXS trade, book some profits at these levels, and if you are not, wait for AXS to break the resistance and buy on the retest.
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