Bearish potential detected for ASKEntry conditions:
(i) lower share price for ASX:ASK along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $1.37 (open of 26th August).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $1.43 from the open of 7th November, or
(ii) above the potential prior resistance of $1.45 from the open of 19th September, or
(iii) above the recent swing high of $1.48 from 24th October.
