ASI Industries - Nearing cup with handle BO in multi timeframes

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ASI Industries Ltd does mining and processing of natural stones.

Stock has shown strength and is nearing its neckline in a CH pattern. Looks like breaking out.

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ملاحظة

Retest complete on the hourly timeframe. Have to give a weekly closing above 44.5 to continue upmove.

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Solid upmove. Targets met. Liquidated position.

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Not waiting for 60.. Will get in later after stock stabilizes at this price for sometime.

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ملاحظة

I may re-enter if this stabilizes around this 45-50 level for a week or so and then gives weekly closing above 50.