I've had people say that this go up and I am sure it will but in the context for short term. One month. It's going down I believe. I doubt it will even be a dollar by 3/19, should be around 45-60c at the worst or what it should be called is fair value.
Even with RSI, CCI, MA cross that maybe hit soon in the coming days, I just don't see ASRT beating the downturn market of the past two weeks and will continue until Senate passes Stimulus and with the bonds, positions unwinding.
I won't speak for ASRT long term but calls in March, bet we'll both bleed if you bought dollar calls
Even with RSI, CCI, MA cross that maybe hit soon in the coming days, I just don't see ASRT beating the downturn market of the past two weeks and will continue until Senate passes Stimulus and with the bonds, positions unwinding.
I won't speak for ASRT long term but calls in March, bet we'll both bleed if you bought dollar calls
Note
We saw ASRT went as low as .76, now sitting around .91 in after hours.Stimulus Passed. 3/6/2021. So I expect stocks to go up and stabilize up again.
$1.46-$1.50 would by the next high to test to test the tops.
Note
Yeah looks like my first assumption was right. It continued to dropIt's sitting at .52, .40-.60 is a fine price if you try to DCA
It looks like it should go into consolidation for a bit. Buying now wouldn't be awful at a DCA .52 but its true bottom looks to be .32-.36 from before the first pump, around .40 DCA would be ideal but TBH I am not currently in ASRT, But you if you want to hold short term 1-3 months, soon might be ideal
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.