So the same channels are still in play here, and we did not successfully keep the momentum above $1 to keep it in play.
There have been several re-tests against the resistance and supports along the yellow channels lately, including some odd barcoding today as it tried to break out over $1.
I have identified another wedge and kept the previously identified...
Market is really messy this week, but wanted to get a handle on where ASRT is headed. There was a wedge someone else posted a while back that it broke out of, but it is in a larger one now.
After today's drop it bounced off the bottom edge, hoping for a golden cross soon and breakout back to $1 area.
Previous analysis on this ticker: Search for "ASRT Current Setup"
Today was pretty good, since last analysis it had bounced twice on the bottom of the wedge, and now with the market heating back up we had some pops at the end of the day which got it in a much more comfortable zone I think.
We still need to break up out of this wedge, but that seems a lot more...
