ASAN trade ideas
ASAN LONGNYSE:ASAN ASAN looking like it will bounce off 20 EMA and move higher. Needs to break RSI downtrend for confirmation.
not financial advice
ASAN LONG ON DIPSRevenue growth is very consistent, despite no acceleration during the pandemic lockdown, predictions for future revenue will continue to increase (86% YoY). As businesses begin to adapt towards remote work, project management tools like Asana are essential to productivity and organization. Similar to Docusign, Zoom, and various other stay at home stocks, Asana has solidified its market share in remote work.
ASAN , Lower risk entry , LONGI have taken todays 10 ema visit as a low risk entry opportunity on what is perhaps becoming a good leader .
Tight stop .
ASANAsana (NYSE:ASAN) finally broke out of a consolidation pattern Friday but the volume was not as high as expected. Meanwhile, the stock closed near the highs of the day on Friday and further upside is expected to be seen next week.
Long ASANpopped up on my Rvol scanner
strong up move, with high volume
current price support by a high volume back highlight by the box
taking a swing up before 80s
SWING IDEA #13: ASANWatching for trendline break here, keep it on your watchlist even if it rejects its still playable.
Not financial advice just my opinion.
keep it in your short watch list!Entry:61-62
Stop loss: 65
Reward/Risk:4.5
Target range: 45-46
Time Frame: 4-8 wks
Possible gain: 26.6%
Possible loss: 6%
ASAN: bearish MACD/RSI divergence - target 50-55 (2wks)Another screamer with a negative divergence forming. I think we could see this in the 50-55 zone in the next 1-2 weeks. Here again we have a decreasing MACD and decreasing RSI while the stock pushed new highs.
Sunday Prep 6/27 - $ASAN at short at 65.20 and $70 (if extreme!)I know this idea has been in the Prep for 3 weeks in a row now, but all 3 weeks it worked out EXACTLY like we wanted. And once again, it’s the same setup. Let it extend to points of extremity first, and then look for weakness or for parabolic extension. First level of interest is that quarterly pivot up there at 65.20. After that I think we’re looking for 70.
ASAN ready to fall after huge run??ASAN has completed its channel and W pattern. RSI overbought to 90+. Time to fall ?
Only concern MACD is not showing signs of correction.
ASAN chart study Study this chart for future reference. It still has not broken down below the 10MA.
$ASAN - strat indicatorsDaily and monthly candles have continuation of large green 3 candles with big ole wicks.
Daily has W setting up
Could be worth a swing.
Going to 40 easy Interest is back
Short term pressure are over and is now time to fully appreciate all the Potential from ASAN
Still bullish in my optionnice volume @ A , held after the pull back, and has higher highs. still has potential to move upward
What do you Think?
ASAN over 40.20This software name recently IPOed in 2020 and is breaking ATH. Trend based fib extensions above as potential resistance levels.
Do you want a cup of ASANA?Possible move:17%
Reward/Risk: 3.6 (R/R>3 is Ideal)
Time frame: 1-2wks
This is just my technical view, not a fundamental comment..!
I can make you confused you by a crowded messy chart, but I would rather simple effective presentations..!
$ASAN - following expectationsThis is a swing trade for me.
I have sell limit at $36.50
My only regret is that I didn't buy more because ASAN and YALA are literally following my plan to a tee.
