AML - ASTON MARTIN - LSE
Added 2024-09-25 13:24:13 +0000 UTCRemember, as days continue on, the wedge trend line moves down, and so does the support level, as it is slanted.
Price is clearly holding on the outside of the wedge here, testing it over consecutive days.
More importantly, the price is getting squeezed in between the 50 and 200 Day MA, with a test now of the 20 Day MA too.
The 50 Day MA is also on the 0.78 Fib too at $151
As we know, when MA's squeeze a trapped price like this, a strong reaction usually comes next....we want this to be to the upside, if you are in here already, I suggest sticking with this.
A break and hold above the 200 Day MA is the low risk position to buy.
Comments
ARGGY but note it doesn't have much daily volume... So not very liquid
Spryseer
2024-09-28 21:08:15 +0000 UTCMay I ask what is the stock ticker for Aston in the US?
Asaf Rosen
2024-09-25 13:28:40 +0000 UTC
