ASO did a perfect bounce off previous trend resistance, resistance = support now which is good for bulls. breaking back above call trigger/into consolidation zone, the next targets are 39.18-42.5
ASO finally chose a direction after the small consolidation, nasty break below yesterday! approaching extreme support, shorts can keep printing below 29.81, long trigger at 35.31
in consolidation mode after the downtrend breakout, should bounce as long as our support holds. targeting 39.18-43.14-47.45, stop loss 35.31
fresh downtrend breakout on ASO ! looking for a slow rally back to all time highs this year. targets: 41.86-47.92-53.98
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aso was rejected at trend and local resistance areas, we can bounce off this local support area and head back to trend resistance again, but if local support breaks look for a dip to extreme support around 33-34 next. like and follow for more! <3
The company has been preforming well each quarter and has traded a lot in the >$34 range. This setup assumes that the Monthly SR level will hold, and if it doesn't promptly gets you out. Profit targets could be $40, $43, or $45. This is purely a range play, although I could see some reasoning to hold it long term as well.
Good value, not enough growth. This name might be in a range for a bit until taking a uptrend later in the year.
aso saw a nice bounce off trend support last week, still in this small bearish trend channel so its possible we see another dump soon. my price targets are 40.27-43.02-50.20 like and follow for more! 💘
aso temporarily breaking below trendline support but still holding a strong local support. if we can move back over 40 and reclaim trendline support we can target 43.02 (local trendlne resistance) a break of that can send us to 50.20, like and follow for more! 🦉
Daily Chart Report ASO had a nice rally from the bounce off support at 38 level. It is now sitting at the upper trend line which also lines up with the golden pocket. We could potentially see a retracement before it makes the next leg up. If it breaks then the price target would be 47 level.
ASO is bouncing off a very strong trendline support, very good risk reward entry for longs in my opinion. also bouncing off rsi support areas, looking for a rally to 52-53 before the next big pullback to trend support. like and follow for more 💘
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this chart is important so go look at it. t tre ter tre t ert erterter ter t erter terttrt
Analysis of the instrument and the future outlook for its movement.
evaluated this drop will break GANN FAN line. let's check for next week.
$ASO working on a 2 months base. The few high volume down days when the stock tops back in mid Sept. As such, i would like to see few more quite days below that supply line to give us signal that supply stopped coming to market and that seller is gone. Orange bars is what I would like to see take place to get me excited.