AdvanSix Inc.
Panjang
Telah dikemas kini

$ASIX long idea

72
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 tight, two closes below the 30 day MA and I'll close my JUN 60 calls, already up 35% and I think there's more room to the upside / good RR on this trade idea IMO.


Cheers




Nota
Breakout with upper trendline with confirmation , calls up 41% so far, move stop to break even ... looking for new highs.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.