Aspen Wedge Breakout looks promising to R194.76Falling Wedge has formed on Aspen.
The price has broken out and looks like it's set to rally.
A conservative trader could wait for a retest, or an impulse trader could trigger it now.
7>21>200 -Bullish
RSI >50
Target - R194.76
SMC: Sell Side LIquidity
Smart Money buys into positions (and sweeps liquidity) from traders who are long (get stopped) and for short traders who enter into their trades.
ABOUT THE COMPANY
Aspen Pharmacare is a leading global pharmaceutical company with a deep footprint in both emerging and developed markets.
Founded in South Africa:
Aspen Pharmacare was founded in 1850 in South Africa, starting as a single pharmacy in Durban.
Global Presence:
Aspen has a strong international presence, with operations in about 56 countries across six continents.
Product Range:
The company’s primary business is in the provision of branded and generic pharmaceutical products, as well as infant nutritionals and consumer healthcare products.
Leadership:
The company was co-founded by South African businessman Stephen Saad, who remains the CEO.
Significant Player in ARVs:
Aspen is one of the world's largest suppliers of antiretroviral (ARV) drugs for treating HIV/AIDS, contributing to the global fight against the disease.
Manufacturing Prowess:
Aspen owns and operates 23 manufacturing facilities across 15 sites, demonstrating its vast manufacturing capabilities.
Aspentradinggroup
FORD has broken 10 years resistance - Long to the moonFord is breaking out from 10 years resistance. It represents a good buying opportunity at a reasonable price.
The company is focusing on EV and represents a good long-term investment.
We have used Aspen Trading Support & Resistance Levels in this idea. These levels are invite only and can be accessed through url in my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
SPX500 volatility is back with good opportunitiesNever trade on news. Follow the support and resistance levels to find the direction and the right trading opportunities.
Using Aspen Trading S/R levels, we can see the support at 4559 level and short term resistance at 4616 level.
Aspen Trading S/R levels are invite only and can be accessed through url in my profile information. These levels can be drawn automatically on your charts and increase effectiveness in placing and managing trades.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
PFE is bullish with Aspen Trading Support & Resistance LevelsPFE has bounced up from support @ 41.5 using Aspen Trading Support & Resistance Levels.
Next target is 49.5 and a move above this level can lead to further upside.
More tailwinds, it is above 50 & 200 moving averages and PFE typically displays seasonal strength this time of year.
Please like, share and follow if you agree with the analysis.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
PENN stock is on sale ?Yesterday seemed like an overreaction to earnings and bad news all at the same time.
Using Aspen Trading Support & Resistance Levels, a move above 62.75 will trigger buying into a long position.
PENN is fundamentally strong. The stock is on sale and it has already started an upward move in the market after-hours.
Please like, share and follow if you agree with the analysis.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
Twitter seems building momentum; targeting 73$ per shareNYSE:TWTR
Hey everyone,
It seems Twitter was showered with tons of love from investors in the After Hour with a juicy +3.86%
Not sure if that is going to stick in the Pre-market, still I am ready to move in either direction.
I am including a quick view to Aspen Trading Group S/R Levels for everyone to know where to set risks and potential profit targets.
As bonus, I am sharing the Call Option I will be buying if Twitter can keep the green.
Until my next video,
J.R.
Aspen Trading Group