* Excellent earnings
* Very strong up trend
* High relative strength in the Industrials sector
* Offering another entry point for those that missed the initial break out
* High volume entry point (64.63% higher than average)
Trade Idea:
* As always, this is a great time to enter as it's very close to the level and close to its EMA as well.
* If you wanna look...
* Strong earnings year over year
* Strong up trend
* Broke out of a 5 month consolidation
* During the consolidation it created a cup and handle pattern
* After breaking the cup and handle pattern it consolidated just above the broken levels creating a base over base
* Volume is now picking back up after base over base consolidation (53.53% above average)
*...
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...
Earnings are today AMC
No rising wedges noted
Not a recommendation
I have noticed some stocks cremating earnings yet going down anyway. I have also noticed these have been in sectors that are not popular right now or some that were overvalued.
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...
Great earnings. Must be September correction. But earnings next quarter are looking like they will be better than last quarter. Looks like a deal to me. What do you think
Lol 2 seconds later....... I find another. 223% Fib A1 TP. I'd like to see s'more momentum behind this, but I think I'd jump on it if I saw a dip. One to watch
