$AXS: A LITTLE POSITIVITY
HELLO GUYS
-We notice that the price bounced from the ceiling of the descending channel and reached the mid-line.
This middle line formed in the past a very solid support line from which the price rebounded several times before it was breached, then it turned into a solid resistance line and also the price bounced back from it several times and then was breached,
Today, it turns into a support line, and here it intersects with a very old stubborn and solid support line.
-Will it break through?
-Will he bounce?
-Will it go horizontally above the support?
-Regarding the stochastic indicator, I noticed that whenever the price hit the old support line, the stochastic was at its lowest level and the price rebounded after that, (note the yellow vertical lines)

