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
Traders’ Mindset: Traders' Mindset
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