FollowMyTrades

ASCL - Possible long

LSE:ASCL   ASCENTIAL PLC ORD 1P
50 views
1
50 0
Looking at a possible long on ASCL. We saw strong rejection from just above the 300 area which coincides with the 200ma. Financials look good. The only concern I have is the move up was on weak volume , could be a bull trap so ideally I want to see a further move up on high volume .

The perfect scenario would be another drop to 310 area where we could see a bounce. Volume is key for me in these sorts of trades as I want to see that demand from buyers.

No position yet, I will update this post if/when I take a position.

Stay tuned!
Comment: Still no entry as of yet as price is treading water. Need to see push up on high volume for entry.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out