ASC trade ideas
I got a bunch of commies telling me this trade won't workWe all know them: The kinds of people who would claim they never use the toilet.
My advice to you would be to block them from facebook and block them from in real life.
Real energy wasters.
I say this as we consolidate around the 50 % retracement level.
Sell walls are getting absorbed. I think holders are understandably spooked by the massive selling yesterday.
Some still believe the mainstream media about Chloroquine's exaggerated dangers, a drug commonly found in tree bark which goes into everyone's gin and tonic.
Soon sellers will have to relent and this will give way to massive buying.
Chloroquine Producer Ascendis is making a comebackChloroquine producing company up 73 percent today. This company was going down the tubes
This is the drug Trump recommended. We should open up the debate:
Could we reopen the economy and use this drug as an alternative to what will likely be Bill Gate's and co's new banking system and identification matrix? ?
Alternative measures include keeping the vulnerable in quarantine rather than the entire world population. That would seem rational.
A propose a revisit of the top of the bearish channel (Blue)
ASC, When will it bottomed? Just a retrospective view on what has happened on this stock, we wait to see the end of it, I like the way the heights were reached a clear double top, and the continuation patterns along the way down. one of these days the turn shall come. I am keeping my eyes open here and my options too.
JSE:ASC Ascendis Health the pain continuesAfter breaking the downward stride the hope was that an accumulation trading range (TR) was forming. However, it seems there is no buying interest in the stock with the volume drying up. Attempts to rally have been poor and formed lower lows. The TR has been broken and there could now be more downside to come.
buy "ASC" ASCENDIS ASCENDIS HAS RELEASED SOLID NUMBERS IN THE FY18 AND HAS HAD REVENUE GROWING IN THE LAST 5 YEARS. WHEN WE LOOK AT THE CHART WE SEE THAT THE SHARE HAS BEEN BUILDING MOMENT SINCE DEC18 AND IS CONSOLIDATING AT CURRENT LEVELS CREATING A BULLISH FLAG. A BREAK ABOVE THE RESISTANCE OF THE FLAG COULD TRIGGER A CONTINUATION TO THE UPSIDE.