ASIMAR : Long term chart worthy of note.
August 3, 2011 Leave a comment
ASIMAR is set to have its biggest volume YEAR ever, and it’s been around for a while – since 1996.
Recent flows have been strong, and the 2007 high of 1.83 is in danger of being taken out, from where an advance to 2.00-2.10 looks likely.
For the record we have a MT forecast for this stock at 3, so any dip back to 1.35-1.40 or so might be the last opportunity to buy it cheap.
Also keep in mind a breakout above 1.83 looks likely.