RE: Watchlist - Investor method
I originally highlighted ASTC back in early December when it was setting up for it's first Stage 2 continuation move at 1.57 here: http://stageanalysis.net/forum/showthrea...01#pid2401
ASTC came up again in the scan tonight as it had a strong volume day, and is now close to a further continuation move after pulling back over the last week to the 10 week MA and rebounding strongly today.
I wanted to highlight it again today as the move since it's Stage 2A breakout in October has seen it advance over 200% on very heavy relative volume, and it's now challenging it's five year highs as can be seen on the attached monthly chart. Whether it makes a continuation move or needs a more significant pullback to digest the recent strong gains, it certainly has the characteristics we look for in an A+ candidate. So it is one to watch closely imo.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.