- ASO means " Average Sentiment Oscillator ". - This indicator can be used on Cryptos, Stocks, Forex. - it's better to use it on a large TF to take out the noise. - The deal with ASO is : it's very simple... - The trend is up when the blue ASO oscillator line crosses the red line upward. - The trend is down when the red ASO oscillator line crosses the blue line...
The price is forming a rising wedge pattern with higher highs and higher lows. The price is still moving inside the pattern, once it breaks the support line it would be a good time to enter the short position. RSI is showing signs of bearish divergence. Target is shown on the chart.
I bought some of this near the IPO back around $15 a share. I cashed out around $28 a share. I wished I had held, it is now near $63 a share. Small cap sports retailer out of Katy, TX with superb financials and growth plans. 0.47 PEG, ROE of 41.71%. Solidly increasing free cash flow and margins. Solid and steady accumulation. $67.13 is 1.618 extension on...
ENTRY: 42.36 SL: 37 TP1: 48 TP2: 49 - ADX<20. Would like to be higher. - RSI>50, <70 - Maintaining well at pivot point "P". - Entry based on breakout from VZ today. - Strength meter shows weakness and entered with lower risk. - Currently above HVN.
The stock is holding at the area of 42.69. it's no right time for an entry, as the stock is extended from it's 5 & 10 period moving average where we expect the price to consolidate or pull back producing a right entry at the are of 42.69, the stock is highly correlated with the General market and should be traded with high caution. stock can be traded in daily,...
Last time you will see the 30s!
Just a little analysis of ASO and its upward trend, candlestick analysis with Fibonacci extension.
ASO Daily TF ---------------------- With ER on Tuesday $ASO could see some nice movement, holding strong above the 20 ema and a nice bull flag setup to break ATH. Previous ER moves highlighted 14 days after report. Target: 142+ Key levels Resistance: 37.75 Support: 36, 35.26, 33
$ASO navigated out of its consolidated price pattern with a resurgent of its uptrend coupled high sessional volume, rallying up +15% this month (April). $ASO was previously whipsawing along its 20DMA over the course of 7 weeks since the start of February. $ASO is currently trading at $32.70, merely a dollar away from its all time high. At the current junction...
ASO short term C&H breakout confirmation here and signals an implied move towards $35 ($34.83 to be exact). Watch the red resistance line above as it has been rejected by that 5 times since IPO. Long term, that bottom trend (not pictured) will eventually catch up to that top trend line and create a fallen wedge. You could play the short term implied move here but...
Price broke main trendline. Down from here...
BOJ Miss: 1. BOJ deliver one of the biggest misses in history (vs expectations/ pressure) - only increasing ETF purchases and dollar funding by apprx $60bn annual in total vs 10-20bps of Depo and LSP cuts + 5-20trn in QE increase + ETF increase. *See attached post for in-depth detail on the BOJ situation and price action history/ Yen strength/ Safe havens* ...
BOJ - 3trn increase in annual ETF Purchases + $24bn increase in USD funding for banks 1. The BOJ on Friday delivered a shockingly poor package, imo they changed the snallest part of their current QQE programme. 2. What was interesting though was the markets reaction - immediately after the decision $Yen spiked higher then lower to 103 level but from then and...
28/29th June BOJ Meeting Expectations by 27 analysts polled by Reuters: 1. 23/27 (85%) expect easing from the BOJ. - The Median Analyst expect a 10bps cut to the headline interest rate to -0.2% and a Yen10TRN Extenstion to the BOJ's monetary base target to Yen90TRN a month (JGB and ETF Purchases). - One analyst expects easing in September, two in October and...