Weekly chart attached, needs to get over the 30wma (red), currently in the short zone between the 9ema and 30wma, other examples circled of what usually happens in this zone for long and short positions. It has to turn eventually though .
Best case scenario, close above the 30wma, with the 9ema crossing back above the 30wma also
An announcement regarding a deal with one the conglomerates mentioned in the quarterly, like Samsung, would be monumental.
See below weekly chart for NVX, who announced a deal with Philips, who took 30% of the company in a funding deal. The price went form $2.50 to $12.50 in 3 months, you'd hope people took some profits near the top considering where it ended up
ASM Price at posting:
$1.92 Sentiment: Buy Disclosure: Held
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(20min delay)