ASOS PLC ORD 3.5P

ASC LSE

TFFX_

ASOS looking to the upside after a strong breakout of a congestion zone which dates back to October 19 (excluding the CV19 drop in March). Three strong candles have pushed the stock above a previous high / resistance level in April 19 on reasonable volume. Looking for a target of 5500 which acted as a resistance / support zone from Oct 16 through to Nov 18 before...

BH42

ASOS has clearly done well during the first half of 2020 driven by the increase in consumer online purchases. With these trends set to continue, ASOS is in a prime position to take advantage of online spending coming into the summer months. With first Q earnings towards the end of July, I expect a steady rise in the price to around 4086 over the next month....

lolinathan

SL:2751 ENTRY:2635 TP1:2493 TP2:2401

andmk2

ASOS forms a bearish ascending wedge That's bearish, although ASOS is still in an uptrend

Sublime_Trading

Asos LSE:ASC breaks through previous high after bouncing off the 50 simple moving average. See previous analysis This breakout helps us to confirm the buyers are in control for now but will things stay that way. Underneath price we have the 50 moving average which has proven time...

Sublime_Trading

Asos LSE:ASC looked like it was failing to stay above the previous resistance level but price has started to show resilience again. This is thanks to the daily 50 moving average which it has used twice this year as support. Price is also above the weekly 50 and 200 moving averages so the overall trend is up. The high of the 27th February is the point that will...

keithtmccartney

I think the Bearish candle of w/e 08/09 suggests further slumping of ASOS until w/e 15/09 where the middle-line of the Andrew's Pitchfork trend should be tapped; I suggest climbing aboard w/c 18/09 and pending the outcome of the following reports (see below) Q2 2018 results should have proved a nice investment, jumping out w/e 25/05 or w/c 28/05 is...