$ASM back to $.204-.214
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ASM looks like it's in the process of finding a short term bottom around this $.088 range. I could potentially see a capitulation move down to $.082 at the lowest... Then we should see a reversal next week around Dec 21st with a move back up to the top of the structure around $.204-.214.
Let's see how it plays out from here.
Dates on the chart important dates for changes in price action.
Let's see how it plays out from here.
Dates on the chart important dates for changes in price action.
Nota
Alright, I do see the possibility of a sweep below the lows from here before a move higher. On low timeframes, we got a double top at $.105. If it plays out from here, I could see a capitulation move that goes somewhere between $.049-.07.I'm currently out of this position. And will wait for a move lower before reentering.
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