Going Long on ASOS w/c 18/09 [2017] - TP w/e 25/09 [2018]
I think the Bearish candle of w/e 08/09 [2017] suggests further slumping of ASOS until w/e 15/09 [2017] where the middle-line of the Andrew's Pitchfork trend should be tapped; I suggest climbing aboard w/c 18/09 [2017] 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 [2018] or w/c 28/05 [2018] is suggested:
09/20/17: Bank of America Merrill Lynch Global Consumer & Retail Conference;
10/17/17: FY 2017 Earnings Release;
11/07/17: Societe Generale The European ESG / SRI Conference;
11/30/17: Annual General Meeting;
The above results information came from the following page: 4-traders.com/ASOS-PLC-4003595/calendar/.
09/20/17: Bank of America Merrill Lynch Global Consumer & Retail Conference;
10/17/17: FY 2017 Earnings Release;
11/07/17: Societe Generale The European ESG / SRI Conference;
11/30/17: Annual General Meeting;
The above results information came from the following page: 4-traders.com/ASOS-PLC-4003595/calendar/.
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