ASIA is holding and supported by the long-term trend and the 99 Day Moving Average. The recent move down is a healthy market correction.
If this is to break the blue trendline, the next support is at the 62% fib retracement at $10.78.
If this is to break the blue trendline, the next support is at the 62% fib retracement at $10.78.
Note
Long term trend has broken and price heading down to the 62% fib retracement at $10.78. I will be considering topping up at this level.Note
Note
The support zone has become resistant coinciding with the 50day MA. Needs to move past the 50day MA looking for confirmation of a potential reversal.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.