ASUR trade ideas
ASUR may be coming up for a range play.$ASUR may be coming up for a range play. Expecting +/- 2.5% downside before a reverse to the upside.
Possible trade play:
~3.3 risk ratio by looking to open a position around $8.5.
SL at 8.05 for a 5% draw down.
Looking to get out around 9.95 for a ~17% gain.
CFO & CEO bought 10,000 shares each at $8.75 on the 12th of November
Current analist price target is $13.
ASUR is predicted to fall to a target price of $5.57Emerged - 07/06/20
Breakout = $6.22
Target price = $5.57
Confirmed 07/13/20
Price = $6.23
Tickeron A.I.dvisor detected a bearish Three Falling Peaks pattern for stock. This pattern was detected on July 06, 2020 and confirmed on July 13, 2020 . The odds of reaching the target price are 67.22%.
The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward-sloping trend line.
Consider selling the security short or buying a put option at the downward breakout price level. When trading, wait for the confirmation move, which is when the price moves below the breakout level.
$ASUR can rise in the next daysContextual immersion trading strategy idea.
Asure Software, Inc. provides cloud-based human capital management and workspace management solutions worldwide.
The share price rose after good earnings. I see some preconditions the share price will continue growing.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $6,91;
stop-loss — $6,06.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Long on ASUR. Retracing on 38.2/26.8Price has bounced on the 38.2 fibR before. I believe it will do it again, at least for a quick scalp to retest previous support and hopefully break it.
I Lied.....I'm Watching This One Too, but I'm Neutral I jumped into this one yesterday as well. I normally don't hold overnight, but this one was too good. Given the pattern, I have my stop loss set. If it goes below that point, I am no longer interested. I use to set my stop loss, I would sell, and continue to watch the stock hoping I was wrong (I usually wasn't). Once I'm out, I'm out. I have learned to trust my judgement more. If it falls below my stop loss, I'm out. There is no hopping back in......you had your shot lol. Good luck out there today guys.
ASUR - MORNING PANIC DIP BUYWill be looking for a morning panic for a dip buy looking for bounce near 7.60s
ASUR - Strong support at $10.0X lvl, H&S seems to B developingBucked a strong down trend a few weeks ago and has solid support at the $10.07 area. Possible H&S forming though :( .I am long from $10.55 and will hold unless it breaks support around $10.00-$10.07
ASUR-Strong Weekly and Monthly ChartsAll time frames seem to be aligning just before earnings release in the morning.
