Technical analysis by Seahawks_ about Symbol AXS: Buy recommendation (5/30/2024)

AXS is showing a promising 8-month reverse head and shoulders pattern, indicating a potential rally with substantial profits! Remember, these are swing trades that could take weeks or even months to fully develop. Key Points: Breakout Confirmation: A breakout from the neckline will confirm the long-term target of the inverse head and shoulders pattern. Exit Targets: Identified on the chart. Invalidation Level: If the price breaks below the right shoulder, it will invalidate the setup. Make sure your money management strategies are in place. Let's ride this chart as planned and aim for those targets! #TradeCalmly with #SeahawkWe're still holding this position and will wait for the weekly candle to close before deciding whether to stay in or exit.