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
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
Nota
Widened the wedge as it followed trend, new line breakout as high interest in tech indices. Targeting the 2.618 Fib level and $1Nota
Took off 50% position at $0.98 - observing next move from here
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.