Ardmore Shipping Corporation
Long
Updated

Potential outside week and bullish potential for ASC

22
Entry conditions:
(i) higher share price for ASC above the level of the potential outside week noted on 6th November (i.e.: above the level of $13.08).

Stop loss for the trade would be:
(i) below the low of the outside week on 4th November (i.e.: below $12.03), should the trade activate.
Trade active
UPDATE (17-Nov): Trade activated on Thursday 13th November with share price meeting entry conditions noted above (albeit weakly), with share price now tackling 4 hourly support/resistance areas to the upside at this very moment in afternoon trading on Monday 17th November.

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