$AXS is up 1.2 percent today and I am passing on it
Volume sits at 0.4x the weekly average meaning real money is not backing this move
That thin 1.8 million dollar daily volume means order books are too shallow for clean exits
I need to see an hourly close and hold above 1.2670 before I look twice
Or I want a pullback that holds 1.2140 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $AXS here or waiting for 1.2140
#AXS #RiskManagement
Volume sits at 0.4x the weekly average meaning real money is not backing this move
That thin 1.8 million dollar daily volume means order books are too shallow for clean exits
I need to see an hourly close and hold above 1.2670 before I look twice
Or I want a pullback that holds 1.2140 and actually bounces
It could keep running without you and a bad entry costs more than a missed move
Chasing $AXS here or waiting for 1.2140
#AXS #RiskManagement