ASGN: Feeling quite bullish again!
Update on ASGN:
As I had hoped, we printed a weekly candle ABOVE the dark red decending resistance line we have been fighting forever since the large sell off. I am now super bullish on ASGN and here is why:
1) The stock market as a whole is bullish
2) We have officially broken the resistance and printed a HIGHER HIGH on the weekly.
3) We are printing an excellent candle above the weekly pivot with a beautiful bear rejecting wick below.
4) RSI is bullish
5) If you switch to the daily, we've officially had a golden cross in mid Nov. Just a little history: The last golden cross was followed by a 136% gain, and the one prior was follow by a 63% gain.
If we break through the $82-85 resistance zone, I strongly feel we will be testing the previous high or establishing a new one.
As I had hoped, we printed a weekly candle ABOVE the dark red decending resistance line we have been fighting forever since the large sell off. I am now super bullish on ASGN and here is why:
1) The stock market as a whole is bullish
2) We have officially broken the resistance and printed a HIGHER HIGH on the weekly.
3) We are printing an excellent candle above the weekly pivot with a beautiful bear rejecting wick below.
4) RSI is bullish
5) If you switch to the daily, we've officially had a golden cross in mid Nov. Just a little history: The last golden cross was followed by a 136% gain, and the one prior was follow by a 63% gain.
If we break through the $82-85 resistance zone, I strongly feel we will be testing the previous high or establishing a new one.
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