ASX has been Bullish with the last month. EMA(9) is above EMA(20)(50) and (200). Price has consolidated back into the Bollinger bands and price has bounced off EMA(50) resulting in price crossing over EMA(9) as of today. Volume is still considerable high. There does appear to be a resistance line, illustrated by the triangle. Breaking thru this resistance should offer a powerful move up to retest the high.
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.