Midweek Watch 10/06 - $ASO Could Provide Nice Opportunity
My Level: Long off $40.45
Why: Quarterly pivot, 50% retrace from today’s action and 50D SMA
Looking for little bit of retrace, closed on highs. If it clears $41 can head into the next consolidation area around mid 42s. Not a huge ATR, but could provide a nice opportunity
Why: Quarterly pivot, 50% retrace from today’s action and 50D SMA
Looking for little bit of retrace, closed on highs. If it clears $41 can head into the next consolidation area around mid 42s. Not a huge ATR, but could provide a nice opportunity
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