Aspen Seeking to Push into Weekly Cycle High

Aspen is consolidating in a symmetrical triangle, it has good support in the triangle and the median line of Pitchfork. On the weekly perspective we are in time for a half cycle correction hence I expect the price to resolve upwards.

The stop-loss is R185.41

Trade closed: target reached:

Aspen appears to be in distribution phase, therefore we can take profit here and pursue other prospective moves upwards.