ASOS looking to the upside after a strong breakout of a congestion zone which dates back to October 19 (excluding the CV19 drop in March). Three strong candles have pushed the stock above a previous high / resistance level in April 19 on reasonable volume. Looking for a target of 5500 which acted as a resistance / support zone from Oct 16 through to Nov 18 before a breakdown at that level. Fundamentally things are looking up with a lot more shoppers choosing to shop online, rather than hitting the high street under restrictions. Feedback and thoughts welcome.
手動結束交易
trade closed manually today in order to bank some gains after the shooting star appeared yesterday. RSI and MACD also giving oversold indications to support candle formations.
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