ASTERDM - classic VCP retest - My Pick - No Advice

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ASTERDM exhibited 3 shrinking pullbacks on its daily with increasingly narrow ranges and diminishing volume followed by a strong upside break. Post-breakout, the ideal setup is a retest: price pulls back to the breakout level (pivot), holding above it.
Fundamentally, Aster DM is a solid healthcare growth story: strong expansion, low debt, cash-rich, with robust ROCE/ROE. But valuation is rich, and earnings are skewed by non-core income.
Technically, VCP setup looks promising—good base, breakout, and retest in place.

Penafian

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