Not my TA TT, mine is based solely on chart patterns. That's why I'm going against the trend at the moment.
The reason why I think ASN has great potential and will go gangbusters\rocket\great wave is because it has a very similar chart pattern to NXM and PAA.
This is ASN compared to NXM.
ASN on the right has made a pyramid pattern. This pattern is very similar to the one NXM made before a great uptrend. This is one of the main reasons why I think ASN has great potential. I'm just wary about ASN because the downtrend may not have completed yet. If the pyramid follows the rule of symmetry, then the uptrend could start even as late as Feb next year.
Ofcourse if anything comes out super positive FA wise it could be a different story.
ASN Chart, page-9734
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $125.3M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.7¢ | $219.2K | 2.235M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 359456 | 9.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 163581 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| ASN (ASX) Chart |