Text me if you have any questions/comments for me.
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ASM
- Previous written analysis was done on 13 Sep -> suggested waiting for a successful rebound before plotting entry
- Since then, the stock has had a weak test of 10.00 levels and is already a Structure Break in my books
- Today’s price action with above average volume is interesting but still hasn’t broken through the counter-trendline (blue line)
- If the stock fails to break the counter-trendline, another Lower High (LH) would form -> not good
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of Higher Highs (HHs) and Higher Lows (HLs)
-----
ASM
- Previous written analysis was done on 13 Sep -> suggested waiting for a successful rebound before plotting entry
- Since then, the stock has had a weak test of 10.00 levels and is already a Structure Break in my books
- Today’s price action with above average volume is interesting but still hasn’t broken through the counter-trendline (blue line)
- If the stock fails to break the counter-trendline, another Lower High (LH) would form -> not good
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of Higher Highs (HHs) and Higher Lows (HLs)
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.