ASIANTILES seems to be breaking out from its S/R zone at the 90s level. Watch how the same S/R zone played a crucial role right from April 2020 all the way through April 2022.ASIANTILES is revisiting the same levels again after more than 2 years later and also with good volumes and a big green candle as well.Price Action and Moving Averages also gave a good Convergence Divergence signal back in mid of 2023.
As long
ASIANTILES maintains its weekly closing above this level, it should easily be able to revisit its Swing High levels soon.Stock looks very bullish over the long run especially.
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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.