Jun. 8 at 7:42 PM
$ASPI
Currently backtesting its inverse head-and-shoulders breakout and printing an inside-range candle—classic indecision at support.
Bulls have a solid zone below, with horizontal support lining up nicely with the 50 EMA and 200 EMA.
A close above the mother bar could signal renewed upside and set up the next leg higher. Until that happens, patience is key—jumping in now risks chasing a false move.
Traders, are you waiting for confirmation here or nibbling early? I’m curious how others are approaching this support test.
