$ASR
R rebounds again after hitting support, can it recover to $5.63?
ASR has strongly rebounded from its low of $4.686 and is now trading at $5.090, attempting to build momentum towards its recent high of $5.632.
Trade setup:
Entry area: $5.05 - $5.15
Stop loss: below $4.85
TP1: $5.32
TP2: $5.63
TP3: $5.80
With strong 90D and 180D performance, a breakout above $5.26 to $5.32 could lead to a new high. Volume confirmation is key.