ASIX with a close above the resistance line at $50.5 zone and support at 30day MA , leads me to believe we turn higher after cooling off from the 33-57 leg
Oscillators are turning with good volume and relative strength in a weaker tape market.
In the resin / fertilizer basic materials space, LWLG another name also with a bullish chart IMO.
Keeping this one...
AdvanSix Inc. showed recently a good upside movement. Due to company business and Q/Q statistics they try to do well even with a COVID-19 world backstage. Will be watching this company and their stock movements...
ASIX has been moving upwards since the end of 2016 with Higher-High's and Higher-Low's.
R: 42.50
S2: 39.59
S1: 34.90
ATR: 1.00
N: 2.00
Next action: Watch 42.50
