Arrow Exploration Corp. Price: AXL Pulls Back, Poised to Resume a Rally

PUBLISHED: Oct 22 2025 @ 01:27 | Comments (0) | More info about Azeez Mustapha

Arrow Exploration Corp. Plc (LSE:AXL) experiences a brief market pullback as traders engage in profit-taking after recent highs. Despite the correction, strong volume support and steady fundamentals suggest renewed buying momentum may soon trigger a rally continuation toward higher valuation zones.

A short-term pullback appears to have emerged as a result of profit-taking and slight market corrections after the recent price highs. However, underlying fundamentals remain strong, with volume dynamics and price structures signaling continued investor confidence. Long-term position holders are encouraged to stay steadfast, as sustained accumulation and resilience could soon propel the market into another bullish rally phase.

Resistance Levels: 13, 15, 17
Support Levels: 10, 8, 6

Could AXL’s Recent Pullback Signal a Strong Setup for an Imminent Rally Resumption?

AXL’s recent pullback likely represents a healthy market correction rather than a reversal, setting the stage for renewed upward momentum. Strength in underlying fundamentals, combined with supportive volume and technical stability, suggests the asset is well-positioned to resume its bullish trajectory in the near term.

The formation of candlesticks has been gently running to the end underneath the trend lines of the moving averages, given that the trend line of the 15-day EMA is below the trend line of the 50-day EMA. The Stochastic Oscillators have moved southward into the oversold region, denoting a pause and signaling a potential reversal buildup ahead, as market momentum prepares for a renewed upside correction in the near term.

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