AXS

Trade setup: Price is in an Uptrend. Following a bullish breakout from a Descending Triangle pattern, price has also broken above our target of $9.50 and could reach $11.00 next, for a +16% potential upside. Stop Loss (SL) level at $9.00. (set a price alert).

Trend: Uptrend across all time horizons (Short- Medium- and Long-Term).

Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).

Support and Resistance: Nearest Support Zone is $7.00 (previous resistance), then $6.00. The nearest Resistance Zone is $9.50, which it broke, then $11.00.