trosenbaum

ASRT Current Setup - Part 2

Long
NASDAQ:ASRT   Assertio Holdings, Inc
[Disclaimer: I am new to technical analysis , feel free to leave comments if there's something I can improve.]
Previous analysis on this ticker: Search for "ASRT Current Setup"

Today was pretty good, since last analysis it had bounced twice on the bottom of the wedge , and now with the market heating back up we had some pops at the end of the day which got it in a much more comfortable zone I think.

We still need to break up out of this wedge , but that seems a lot more likely after the end market and Post-Market performance.

On the Non-Technical side, they also dropped a PR in after-hours about a presentation on the 15th, which could be a good sign there's a real direction after the restructuring.