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Magnus_Chimpski

ASUR may be coming up for a range play.

Long
Asure Software Inc (NASDAQ:ASUR)  
Magnus_Chimpski Updated   
NASDAQ:ASUR   Asure Software Inc
Trend Analysis ASUR trendtrading channeltrend IDEA trade insider-buying
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trendanalysis asur trendtrading channeltrend idea trade insider-buying
$ASUR may be coming up for a range play. Expecting +/- 2.5% downside before a reverse to the upside.

Possible trade play:
  • ~3.3 risk ratio by looking to open a position around $8.5.
    SL at 8.05 for a 5% draw down.
    Looking to get out around 9.95 for a ~17% gain.

CFO & CEO bought 10,000 shares each at $8.75 on the 12th of November
Current analist price target is $13.
Comment:
Disclaimer: This is not financial advice. It is an opinion. Magnus is not a financial advisor.
Comment:
It trades sideways... Interesting
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