[isatrader]

ASUR looks intriguing. All the indicators postive. Volume for last week is twice the 4 week MA. It broke out of S3 and resumed S2. Potential continuation buy? Personally, I'm a little hesitant to buy stocks right now with the markets topping.

Fridays price action would be a concern for me as it was a relatively heavy volume pullback with a very large range for the day. So personally that would put me off for the time being until it showed more stability and no more strong down days like that. But if it holds up and consolidates on light volume then it might form a new entry point. I always try to consider the risk first before the potential gain. Where is the stop loss position, is it too extended in the short term from that point etc. i.e. I try to always lose small as I try think about what a trade will cost my account if it doesn't win first.

This is just my opinion, so look deeper at the stock if you are interested though, compare it to it's main rivals stocks charts and then make a decision, as only you should decide what you trade or not. As you should always do a full analysis and look for reasons not to buy a stock, before you actually do imo.