ASTRON | WEEKLY ANALYSIS | 40%-100% UPSIDE POTENTIAL
CLOSELY WATCH THE LEVELS
VOLUMES HAVE STARTED TO POP IN
23/6/21
- Smallcap, Material (paper)--posted negative results FY21---quarterly results mar21 is positive
-W- Stock has bottomed out and started making positive price structure
- Above all major EMA on D, in W, crossing 100EMA with good VOL
- Parameters positive on D & W
- Volume have started to increase
- Breakout and close above 60-62 on closing basis with good volume will validate
- Can initiate buy at lower trendline if makes bullish candle
- 100EMA and Resistance confluence
VOLUMES HAVE STARTED TO POP IN
23/6/21
- Smallcap, Material (paper)--posted negative results FY21---quarterly results mar21 is positive
-W- Stock has bottomed out and started making positive price structure
- Above all major EMA on D, in W, crossing 100EMA with good VOL
- Parameters positive on D & W
- Volume have started to increase
- Breakout and close above 60-62 on closing basis with good volume will validate
- Can initiate buy at lower trendline if makes bullish candle
- 100EMA and Resistance confluence
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