TL;DR- ASGN is a great investment. As some of you have noticed, I hold my largest and most long term position in ASGN. It's had great growth overall, but has recently showed greater bullish indicators and may be pulling out of this corrective phase for another bull run. It appears the $79 mark has flipped from strong resistance to strong support. Also the...
$ASGN if this box breaks with volume we can see $90
Update on ASGN: As I had hoped, we printed a weekly candle ABOVE the dark red decending resistance line we have been fighting forever since the large sell off. I am now super bullish on ASGN and here is why: 1) The stock market as a whole is bullish 2) We have officially broken the resistance and printed a HIGHER HIGH on the weekly. 3) We are printing an...
A couple positives and a couple sticking points for ASGN. Hopefully in an upward channel in the short term. I believe we need to print a weekly candle above the pivot and descending dark red line. Only then will we confirm breakout above the weird double/triple/IHS bottom thing we have going right now. I think a print above the line will send us to the $84-86 range.
Disclaimer: I'm a little biased on ASGN because I'm heavily invested and my it's a company stock in the family. Anyhow, I was sad about it failing the inverted head & shoulder pattern, but patience is key. I'm now looking for this double bottom to play out and test the resistance zone around $85. Biased views aside, there are a lot of investors that are very...