$ASR BREAKOUT FROM FALLING CHANNEL – UPSIDE POTENTIAL ACTIVE
$ASR has broken out of its falling channel with a strong bullish candle, confirming a reversal after a prolonged downtrend. This breakout mirrors the previous sharp upward move (highlighted in green), suggesting momentum is returning. If the price sustains above the breakout level, we could see a continuation towards the resistance zone.
Trade Setup (Long Bias):
• Entry Zone: $6.10 – $6.14
• Stop Loss: Below $5.82
• Target 1: $6.26
• Target 2: $6.40
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