Aston Martin has technically broken out of the descending wedge and also above the 50 Day MA at 110p.
A strong move has not happened yet and if it does next, I would expect a move up to the 200 Day MA next at 134p
Those who are a fan of this company and like the chart should look at taking up a starter position and add again when an impulse wave develops.
For now it is still too early to confirm that the reversal is on
But we have seen with $AAL and $RLX how fast these positions can move in a strong set up and having a starter position does catch the first move.
Sofiane
2025-02-10 13:18:37 +0000 UTCPaul
2025-01-21 18:14:23 +0000 UTC