The hourly chart above shows the following:1. Bottom was in at...

The hourly chart above shows the following:

1. Bottom was in at 13c on 29 Aug
2. Longterm downtrend was broken at 16c on 6 Sept
3. Higher low of 13.8c on 11 Sept
4. Higher high of 16.5c on 1 Sept
5. *Appears* to be higher low of 14.5c today, supported by MACD (circles). EOD today / tomorrow will confirm
6. RSI near oversold and flattened out
7. The blue channel, supported by all the above, shows we are now at the beginnings of an uptrend
8. Wave 5 looks to hit another higher high of 17c end of next week or start of week after
9. Expecting to stay in the uptrend channel until big news hits, expected to begin first or 2nd week of Oct.
10. Said news will be the catalyst for a bull run which, based on historical bull runs on ASN and various other discussion on HC, has a target of 50-80c (pending various other mirco and macro factors).
11. Id never call myself a chartist, I just try to use my novice knowledge to help guide my entry and exit points