AASTER has been trading under a long-term descending trendline, keeping the broader structure bearish for an extended period. However, recent price action shows a clear change in behavior.Price formed a rounded base after a strong sell-off, signaling seller exhaustion and accumulation at lower levels. This base is now pushing price back toward the descending trendline, which is acting as the key decision point.A break and sustained close above the descending trendline would confirm a trend reversal, opening the door for a strong upside continuation toward higher resistance levels. The projected move suggests momentum expansion once the breakout is long as price holds above the local support zone, the structure remains constructive. Failure at the trendline could result in short-term consolidation, but downside appears limited unless support is lost.Bias: Cautiously bullish, waiting for confirmation.
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
