ASM Chart Thread, page-3630

I can't believe this guy's still here waiting for $7.00 to arrive. His charting lines and skills are terrible, but I guess it's all part of the learning process. I'm afraid he will be growing gray hairs waiting for an entry point (apparently at $7.00).
The uptrend is very strong and a lot of bad things need to happen to get to those sort of levels, including a market crash. Impossible? No. Probable? Also no.

"Let the trend be your friend". At $7.00 you will be on the wrong side of the trend.

Here is a weekly chart for you to put things into perspective.






And now, here is a monthly one. Ignore the lines as they are irrelevant on this chart. Now if you were to know the rules, a weekly chart dwarfs a daily chart and a monthly chart dwarfs a weekly. I'll let you "draw" your own conclusions here. Punt intended!