ASI Industries - Nearing cup with handle BO in multi timeframes
ASI Industries Ltd does mining and processing of natural stones.
Stock has shown strength and is nearing its neckline in a CH pattern. Looks like breaking out.
Stock has shown strength and is nearing its neckline in a CH pattern. Looks like breaking out.
Note
Retest complete on the hourly timeframe. Have to give a weekly closing above 44.5 to continue upmove.Note
Solid upmove. Targets met. Liquidated position.Note
Not waiting for 60.. Will get in later after stock stabilizes at this price for sometime. Note
I may re-enter if this stabilizes around this 45-50 level for a week or so and then gives weekly closing above 50.
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