[Disclaimer: I am new to technical analysis, feel free to leave comments if there's something I can improve.]
Market is really messy this week, but wanted to get a handle on where ASRT is headed. There was a wedge someone else posted a while back that it broke out of, but it is in a larger one now. After today's drop it bounced off the bottom edge, hoping for a golden cross soon and breakout back to $1 area.
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New analysis: Search for "ASRT Current Setup - Part 2"
@impressiveRice73798, Well, today definitely showed some strength. I think we still need to get out of this wedge, and also clear 1.15 before i feel like we're back in action. After that, I think we will want to clear 1.45 to prove we are out of the cyclical trends around those levels.
trosenbaum
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@trosenbaum, Posted new analysis under "ASRT Current Setup - Part 2"