ASN CHART THREAD

[cosors]

Happy for some commentary and thoughts that would be great...

We've all seen the graph

If you've all already seen it, I'll delete it again. A post from Dec 16, 2023 seems to make more sense. I'm off again.)

 

[Winenut]

Been some interest and movement at the station for ASN

Did you see that coming in the charts @BEISHA or is this driven by the on ground activity and Koch etc???

Either way happy for the positive SP action and increased volumes

 

[MegaportX]

Is there any developments over recent times. My algo has ASN lit like a Xmas tree. Just looking for details of why.



MegaportX.

 

[MegaportX]

Is there any developments over recent times. My algo has ASN lit like a Xmas tree. Just looking for details of why.



MegaportX.

 

[ptlas]

Not quite a buy on my system.

Objectively, RSI has crossed above 55 = tick
Last 6 H-A are green ( not shown ), big positive but not one of my criteria. Last CS ver iffy.


Subjectively, EMAs not in correct order and not diverged or diverging enough.

For me, the upward move does not possess enough momentum. Yet

If I was looking to trade this ( I'm not presently ), it would be one for the top of the watchlist.

 

[MegaportX]

Been in a solid downtrend, watching/waiting for news. I understand some are expecting news from a Koch DLI partnership and a Yellow Cat uranium drill expedition. This could be good or bad for the SP.

 

[BEISHA]

Not quite a buy on my system.
View attachment 77525
Objectively, RSI has crossed above 55 = tick
Last 6 H-A are green ( not shown ), big positive but not one of my criteria. Last CS ver iffy.


Subjectively, EMAs not in correct order and not diverged or diverging enough.

For me, the upward move does not possess enough momentum. Yet

If I was looking to trade this ( I'm not presently ), it would be one for the top of the watchlist.


View attachment 77525

I believe ASN is in accumulation phase, will only be a BUY when 7c resistance is broken to the upside.

Koch feed results is KEY.

Yellow cat exploration drill another catalyst

Meanwhile 5.7 / 6.1c support zone needs to HOLD.

 

[ptlas]

View attachment 77631

I believe ASN is in accumulation phase, will only be a BUY when 7c resistance is broken to the upside.

Koch feed results is KEY.

Yellow cat exploration drill another catalyst

Meanwhile 5.7 / 6.1c support zone needs to HOLD.

Thanks mate. Long time no see.

I know nothing of fundamentals, though did hold it a few years ago, my analysis was based purely on technicals.

May well be accumulation, candles are full of fake reversals along with plenty of fairly large wicks and tails that may indicate games.
Also, ASN has been in a tight range for 3 months+ and not falling which would explain RSI slowly reverting to the mean.
Volume though, has dropped massively, so if it's accum. then the players are not in a hurry presently.

On the weekly, it seems to have bottomed FTM.
Hopefully, Donny will sort US for you, but I'm sure that's already been said on these threads.

ASN is close to becoming what Elder describes as a "Fallen Angel", a 90% fall and possible accumulation is worth watching for reversals.

It would need to breach about 8c for my indicators to say buy, but I would be expecting more than a quick 20%.

I'll be watching