Doubling of share price for Axiom Mining? | Michael Gable | Finance News Network

Doubling of share price for Axiom Mining?

by Michael Gable

Axiom Mining has formed what appears to be a cup and handle formation. This is when a stock rounds out at the bottom, moves higher on better volume, and then consolidates. A breakout of this pattern (which appears to be happening right now) can see the stock rally by an amount equivalent to the depth of the cup. This therefore gives us a projection up towards $0.05.

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