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How to Take Advantage of moves in (ASR)
Warning:
The trading plans were valid at the time this was published, but the support and resistance levels for ASR change as time passes, and this should be updated in real time. Access those real time updates for this and 1000 other stocks here. Unlimited Real Time Reports
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Instructions:
Use the basic rules of Technical Analysis. Here are some examples: if ASR is testing support the signal is to buy and target resistance. On the other hand, if resistance is tested, that is a sign to short, and target support. No matter which side the trade is, long or short, the trigger point is both a place to enter and as a risk control.
Swing Trades, Day Trades, and Longer term Trading Plans:
This data can be used to define Day Trading, Swing Trading, and Long Term Investing plans for ASR too. All of these are offered here: Access our Real Time Trading Plans
Longer Term Trading Plans for ASR
- Buy ASR near 249.08 target 276.48 stop loss @ 248.36
- Short ASR slightly under 276.48, target 249.08, stop loss @ 277.28
Swing Trading Plans for ASR
- Buy ASR slightly over 264.37, target 274.84, Stop Loss @ 263.61
- Short ASR slightly near 264.37, target 249.08, Stop Loss @ 265.13.
Day Trading Plans for ASR
- Buy ASR slightly over 264.37, target 267.42, Stop Loss @ 263.75
- Short ASR slightly near 264.37, target 259.95, Stop Loss @ 264.99.
ASR Technical Summary | Raw Data for the Trading Plans
Term → | Near | Mid | Long |
---|---|---|---|
Bias | Weak | Strong | Neutral |
P1 | 0 | 0 | 249.08 |
P2 | 259.95 | 264.37 | 276.48 |
P3 | 267.42 | 274.84 | 305.71 |
COMTEX_461141251/2570/2024-12-23T08:52:16