$ASR Showing Early Signs of Reversal – Bounce in Progress
After a steep correction from above $6.20, $ASR has found strong support near the $5.60 zone and is now showing signs of a bullish reversal. The recent sharp green candle suggests that buyers are stepping in again, and a sustained move above $5.90 could trigger a short-term recovery rally.
Trade Setup:
• Entry Zone: $5.80 – $5.90
• Stop Loss: Below $5.60
• Target 1: $6.10
• Target 2: $6.30
• Final Target: $6.50