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theselfishtrader
20 Ara 2021 09:01

ASOS - Long term long trade Alış

ASOS PLC ORD GBP0.035LSE

Açıklama

Price hasnt been at these lows since the pre-pandemic crash last March. It is a significant historic low which is also a monthly support level. Its a good price for a stock that will certainly do well in the longer term. For a swing trade, getting in now and targeting range-bound resistance (confluence with 50% fib retracement zone) looks a solid, low-risk play.
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SabahEquityResearch
Awesome idea
theselfishtrader
@CountLikeWallStreet, Thanks. Things are likley to be a bit slow (its that time of year). But I expect things to pick up in the new year, despite all the covid/tapering/anything about Russia/China news around.
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