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A Breakout Signal!

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The candlestick indicates a breakout signal due to significant price movement backed by high volume with the price closed above the MA50 line.

The MACD signal is in a positive trend, hence, confirming the price uptrend toward the next price resistance.

The RSI cross-up of the indexer 70 indexer due to fresh buying interest on the stock making the candlestick in a breakout pattern.

Precaution for a price correction between 5%-10% from the recent peak before continuing with a price uptrend towards the next price resistance.

Let's save ASB in WL and watch out for significant price movement backed with volume toward the next price resistance.

R 0.195
S 0.080

Feragatname

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