Potential outside week and bullish potential for ASC

Nov 17, 2025

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.

Nov 17, 2025

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.

Nov 22, 2025

Note

UPDATE (week ending 21-Nov): Tackling the 4 hourly resistance areas provided opportunity to take a 'small piece off the table' prior to the share price declining and testing support levels. The share price recovered towards the end of the trading week, so much so that the share price resumed the overall trend of the confirmed outside week that had previously activated as noted above. Initial trading plan resumed, however protective stops can be effectively raised to an area beneath the recent swing low of $12.45.

Nov 29, 2025

Trade closed: stop reached

UPDATE (week ending 28-Nov): Warning signs were definitely flashing first thing on Monday morning when the share price formed and tackled 4 hourly resistance at the outset, which then continued southward throughout the week. That's ok, let's move on to the next trade.