Wednesday, July 26, 2017

Ascent Resources: BUY

Ascent Resources stock (LSE:AST) is now a “buy.” The indication in the market has revealed the bull’s intent in pushing price northwards.

Price has already gone above the upper Trendline and the RSI period 14 is now into the level 70. That reveals a strong buying pressure in the market. While there might be temporary reversals, further bullish movements are anticipated.

Ascent Resources stock is expected to keep on journeying upwards, reaching the resistance levels at 2.500, 3.000 and 3.500, within the next several months.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

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