$AXE on the ASX - Falling wedge breakout

2022년 5월 31일

Falling wedge breakout on AXE looks to be a reversal in the current market conditions. Still a somewhat conservative target for short-medium term trade given macro environment, however, I believe this is a great entry point for a long term investment for those who believe in the quantum processing/computing space.

Archer have recently had a patent on a qubit processor in Australia and a number of other countries, can look very promising for long hold if this reversal falls through

Could play this trade or sit on the stock for 5+ years for multiples

2022년 7월 22일

노트

Widened the wedge as it followed trend, new line breakout as high interest in tech indices. Targeting the 2.618 Fib level and $1

2022년 8월 18일

노트

Took off 50% position at $0.98 - observing next move from here