Bearish potential detected for ASK

Nov 16, 2025

Entry conditions:
(i) lower share price for $ASX:ASK along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $1.37 (open of 26th August).

Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $1.43 from the open of 7th November, or
(ii) above the potential prior resistance of $1.45 from the open of 19th September, or
(iii) above the recent swing high of $1.48 from 24th October.

Nov 22, 2025

Note

UPDATE (week ending 21-Nov): Trade remains in 'wait and see' mode, remaining unactivated at present...

Nov 29, 2025

Order cancelled

UPDATE (week ending 28-Nov): Potential trade cancelled since entry conditions were not met - let's look for the next trade...