AST is forming a Double Bottom pattern in order to push it up and the easy-to-reach target is the 1400sts zone. This is also an important area and we need to watch it carefully. The larger pattern is the Falling Wedge, and if the AST breaks the 1400sts, the target will be the 2200sts zone and may even retest the old peak around 2700sts this September.
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.