ASANASAN looks like a great candidate for a breakout. It has been consolidating for a month and it is now looking to breakout to form a new ATH.Longby pravenmoorthy0
ASAN - Potential Buy Point1. Confirmed Uptrend 2. Bullish Candle with Quite High Volume 3. Always have a SLLongby XT-Simple_Trading0
ASAN future potential - known for huge movesHighlighted large volume areas - Looking for a pickup of volume & a break thru 140 whole # - /ES needs to shape up before entry, likely a entry idea for the week beginning with 11/15 - I like to risk 7 days lows INITIAL STOP, for this strategy I am quick to trail my stop once 10% ITM ( in the money ) Longby TOONIICE1
$ASAN POTENTIAL BREAKOUT #ASANA #STOCKS #momentumI love this stocks for the long term, still so far has a strong bullish momentumLongby juanemilio2120
ASAN - Rectangle break outASAN - Rectangle pattern break out. MACD - Curling - very bullishLongby Tweezer_Karanam0
$ASAN EMA reclaim key level to hold above is $111.6 - $112. If if breaks and holds that level $114 - $118 short term PT and will be playing calls. by Diesel_Trading0
Bull Flag Pattern on ASAN. Good buy entry right now!NYSE:ASAN chart is pretty self-explanatory. You can put a stop loss below the low of the consolidation. Good luck, Your Ganbu ⚠️ Let me know your feedback and comments below! ⚠️ Follow me if you would like to see more analysis like thisLongby Ganbu5
ASAN { Short term uptrend } going bullish on ASAN -- we see a correction from its HH and now we see an uptrend entry prize 104-106 stop loss - 96 target profit - 120-125 not trading or investing advice Longby lovepreets3456670
Lots Of Interesting Sector Moves Going OnMorning all! Just wanted to post quickly about the recent sector rotations going on, and the overall market selloff. Typically we post our sector updates on Tuesday, but the market continues to selloff so some might get some use out of this directly. Clearly, the focal point of the market is rates, which have been climbing on stubbornly high inflation. Supply snarls and the energy crunch have cropped up before the supply chain issues could dissipate (and thus reduce prices for goods), and now we are at a point where the market is pricing in higher inflation and a quicker taper than expected - hence the high multiple tech selloff. And, given that high multiple tech is like 30% of the indices, it's easy to see why we are where we are over the last month. We think that *all* of this will ultimately clear up over time, but that energy and financials, two sectors that do well in value-tilted/inflationary periods, are most favored at the moment. We think that super-macro deflationary headwinds will prove too hard to defeat in the long term, but that that doesn't matter on a day like today. In times like this, we are sticking like glue to our capital flows models, despite the long term thesis. We'd rather make money than be right. We are not bidding for any tech stocks anytime soon, but expect to be doing so should the market continue down 10-15% more, especially in the ARKK high mult arena. Some interesting names we like include: $TTD, $NET, $CRWD, $MKTW, and most of the semis.Shortby PropNotes559
asan ideathis disgrace is loosing momentum, should fall lower, this is a madness no reason why to be this high Shortby Todopoderoso0
ASAN: Bullish Flag (35%)ASAN showing some more positive movement with this bullish flag. Not confirmed yet though. Still need to break resistance with volume. If confirmed: Price Target = 163.77$ Stay humble, Have fun, Make money!Longby LeLaf1
ASAN Overbought - Weekly RSI 95+RSI indicator showing that ASAN is overbought. We see a pullback to $60 - $65. For educational purposes only.Shortby BlueDimeInvestment2
ASAN, Ignores the market and closes green today ..Great RSASAN is worth putting on your watch list , this is the strongest stock on my portfolio and among the strongest on the overall market in my opinion . After seeing relative strength like today , I think that I need to focus on adding more to this position . Very impressive price action on a very red market day .by NAK1987Updated 6
ASAN - Consolidation HTF candidate (8/31/21)ASAN is a Hight Tight Flag candidate and is currently in the consolidation phase of the overall pattern. If you look on the lower timeframe you can very easily see the stock contracting making higher lows. ASAN has finally allowed the EMAs to catch up and has seen the 23EMA act as strong resistance multiple times. We are seeing volume dry up and I believe this will be ready for its next leg up soon. The stock has corrected very little in the consolidation phase and has actually made its way higher. Bear case: not showing any volume recently but the stock did just go on a 100%+ run so it needs some time to digest its large gains. Longby huntersanna33442
ASAN entry riding the 3emaTransposing the daily 3 ema to the 3 hr timeframe shows entry on pullback after earnings on the ema reclaim and staying in the trade until a decisive close below.by stevedaily83221
Revisiting ASAN short side bearish divergenceIn late June, I identified a bearish divergence and targeted the mid to low 50's. This clearly didn't come together, and quickly became a broken trade for a loss -- but what has remained is the same bearish divergence -- RSI making lower highs while the stock makes higher highs. And now we could be forming a rounded top. With earnings around the corner (sep 1?) I could see this consolidating and making it's move post earnings, but it seems to be very tired here. I'm taking another shot going short with a small position on the sep 80 puts; still targeting that 50 area.Shortby tacosaurusUpdated 3
Asana, the Next Facebook?Youngest self-made billionaire Dustin Moskovitz is a 41.97% owner of Asana through aggressive purchasing of shares according to simplywallst. No track record of generating profit so highly speculative stock. There is a need for improved efficiency through software for businesses with the newly discovered work from home reality. Will look into who Asana's competition is and if there is any edge. by hborou0
ASAN LONGNYSE:ASAN ASAN looking like it will bounce off 20 EMA and move higher. Needs to break RSI downtrend for confirmation. not financial advice Longby cpuk20173
ASAN LONG ON DIPSRevenue growth is very consistent, despite no acceleration during the pandemic lockdown, predictions for future revenue will continue to increase (86% YoY). As businesses begin to adapt towards remote work, project management tools like Asana are essential to productivity and organization. Similar to Docusign, Zoom, and various other stay at home stocks, Asana has solidified its market share in remote work. Longby wallstreetsharks443