KaroleinD

AXAS- Up trending possible temporary reversal

Long
NASDAQ:AXAS   None
AXAS may indicate a possible reversal with the last daily candle or can continue for the uptrend. Either way this is still a good stock to remain in an up trend.

AXAS may pull back to a temporary bearish state with a possible entry looking at the last S1 to S2 if the continuation does not occur on Monday.

Entry and support at $3/$3.05/$3.08 I would look to enter closer to 3 or below Pivot at 3.13 Resistance currently at $3.18/$3.21/$3.26/$3.32

It also closed above the 50 moving average which currently sits at $2.57.

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