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Magnus_Chimpski
Nov 15, 2021 1:31 AM

ASUR may be coming up for a range play. Long

Asure Software IncNASDAQ

Description

ASUR may be coming up for a range play. Expecting +/- 2.5% downside before a reverse to the upside.

Possible trade play:
  • ~3.3 risk ratio by looking to open a position around $8.5.
    SL at 8.05 for a 5% draw down.
    Looking to get out around 9.95 for a ~17% gain.


CFO & CEO bought 10,000 shares each at $8.75 on the 12th of November
Current analist price target is $13.

Comment

Disclaimer: This is not financial advice. It is an opinion. Magnus is not a financial advisor.

Comment

It trades sideways... Interesting
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