ASO navigated out of its consolidated price pattern with a resurgent of its uptrend coupled high sessional volume, rallying up +15% this month (April). ASO was previously whipsawing along its 20DMA over the course of 7 weeks since the start of February. ASO is currently trading at $32.70, merely a dollar away from its all time high.
At the current junction ASO is displaying a congested price pattern with dried up volume, posing for an all time high breakout in the upcoming week.
ASO through its subsidiaries, operates as a sporting goods and outdoor recreational products retailer in the United States.
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