Hey guys it’s Amir, and tbh I saw this idea at someone else and I thought to share it to you. So, ASTE, as I see the chart it’s very nice actually I mean we have rounded bottom, we have a retest to the support line after we broke it but what I don’t have yet it’s a confirmation of my RMACD and STOCH so I guess I will wait for their confirmation and yeah probably...
The rounded bottom was formed since February 2022. The price attempted to break the downtrend line but was pushed towards the support. I don't think all this trouble with forming a rounded bottom for 18 months will go away so quickly. I think I will try again and break that trend line starting in May 2021. It will be a long haul, but if you jump in now you...
Homing pigeon Pattern on the Daily chart. This is a bullish pattern entry and exits on the chart. This is not a trading advice just my opinion.
I think we need a clean break and continuation past $43 to confirm
ASTE: astec inds inc 2018-07-30 07:00:08 Detected possible stock repurchase
Oscillators down; selling up. Down from 9-month resistance
ASTE seems forming a downward neck head & shoulder formation. Moneyflow completely broken down. Overall it looks very interesting as short & we think it can decline to $46 area. To play this we would consider $55 or $60 September puts. * Trade Criteria * Date First Found- May 19, 2017 Pattern/Why- Head & Shoulder formation Entry Target Criteria- Break of...