ASAN ready to fall after huge run?? Short

Asana, Inc.NYSE

Description

⋅ Jun 18, 2021 2:29 PM

ASAN has completed its channel and W pattern. RSI overbought to 90+. Time to fall ?

Only concern MACD is not showing signs of correction.

Comment

⋅ Jun 23, 2021 7:22 PM

it has to come in the channel first amd MACD need to crossover otherwise it will be a breakout to further highs..

Comments

murrs700

⋅ Jul 6, 2021 8:15 PM

Daily MACD has setup a nice bearish divergance, but another 5% up move tomorrow will break it, maybe less. Weekly and Monthly still going up. Still haven't found any reason for this run other than CEO buying share and the current growth stock banaza. You?