Asos: jumps following strong FY guidance
Jean-Christophe Rolland August 12, 2020 8:40 AM
The stock rallies following company's forecasts.
From a chartist point of view, the stock accelerates upward following the breakout of the 3590 resistance area. Above that level, a new up leg would be expected towards next Fibonacci targets set at 4950 and then 5450.
Source : TradingView, Gain Capital
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