Wyckoff trading method, page-1664

  1. 1,270 Posts.
    Being the end of the month as well as the week I'll throw up the monthly & weekly charts of ASN again.
    ASN Monthly 31-3-17.gif
    On the monthly we can clearly see the massive volume for the minimal reward.
    ASN Weekly 31-3-17.gif
    And also in the weekly.
    ASN Daily 31-3-17.gif
    Looking at the daily  we can see yesterday was an absorption(?) bar that tested the previous days open and close. The markup process is far more circumspect than it was 23rd - 27th. There is accumulation occurring, what I'm not convinced of though is that the accumulators are the only or even the dominant "group" playing.

    I've got no vested interest in the stock and have done no research on it other than glance at one announcement that told me it ws a "Borg" stock, it popped up on the DT thread and I had a look at the monthly chart and thought hmm looks interesting.
 
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