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Bearish realestate play

Largo
NASDAQ:ASPS   Altisource Portfolio Solutions S.A.
Here is an interesting play if you are bearish on real estate. In short it is involved with foreclosures, bankruptcies and evictions.This guy goes into the nitty gritty of this company. www.youtube.com/watch?v=i9417D_2...
Going into the technicals we can see that it has almost doubled in a short time span and now it is consolidating forming a bull flag/pennant. On the Pole structure we can see gaps. However those are runaway gaps as indicated by the increasing volume, so they will not likely be filled. Looking at the rsi part of the TDGIM we can see that it is having a healthy cool off period and moreover the rsi is approaching support, which may be around $14. Taking a look on the left we can see several juicy opportunities for the gaps to be filled


Taking a step back on the weekly rsi we can also see that it transitioning into the bullish zone of the rsi indicating a possible start of an uptrend. Moreover it is on a historically low price with a lot of potential upside in the long run, especially given the financial circumstances many companies,especially the little companies will face.

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