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Assembly Biosciences, Inc. Swing, Technical Set up Possible 14%

Long
NASDAQ:ASMB   Assembly Biosciences, Inc.
ASMB
Assembly Biosciences, Inc. Ticker ASMB showing a possible upside of ~14%

Moving Averages: ASMB recently crossed the 20 day ma on 1/11/2018 giving it a short term bullish outlook. Currently sitting at 6.21% above the 20ma, 11.93% above the 50ma and 58.38% above the 200ma.

MACD: MACD indicator showing a bullish signal with the signal line crossing above the moving average. The stocks past performance after showing this signal is a run of 53.7% from 11/6/2017 to 11/30/2018, and ~77.5% from 7/10/2018 to 10/9/2018.

RSI(14): Showing increasing momentum, going from ~45 to 62.47 since 1/8/2018, and is still not overbought.

Has been consolidating in the 48.05 to 41.80 range for almost two months now, has recently broken out of a trend line.

FIB Levels:
Supports :41.30
Resistance: 49.85 (ATH very influential), 58.50, 63.80

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