ASM has corrected 90% since it's move back in February. It's now sitting at support and looks about ready for it's next move higher.The risk would be a possible move down to the lower support around $.014 (around 15-20% more downside), but the reward would be a move up to the $.053-$.178 resistance (200%-900%+ increase).
Let's see how this plays out over the coming weeks.
Note
I'm out of this trade. I think it's likely we head lower first.Trade active
Reentered at $.0303
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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.