ASAN - Double Top

Price has twice bounced off resistance at around $70 forming a double top patten. This signifies a reversal of the prior uptrend and we could see downside unto at least $61 before price finds significant support. MACD also indicates an impending drop in price. Look to enter a short position at market open tomorrow. PT#1 is $61 and PT#2 is 50; place a stop loss just above entry at about $71. This position could pay especially if the broader market drops over fears of a brewing war.
Double Top or BottomSupport and Resistance

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