isnarain

Price Surge Alert for ASR

Long
TSX:ASR   None
Our team has been following ASR for a while, we've held off until now. We see a short, medium and long term bullish trend forming. In particular, Alerts on this stock went off this morning at 2.53$ ps. Why, you may ask? There is a trend that is forming for this stock bullish in manner that is about to go extremely bullish in the near term, after the price point of 2.55$ ps is reached. We see short term prospective of a price gain up to 3.11$ in the very near term, less 2 or 3 weeks dependent on variables. The variables do not show any bearish scenarios. We will be accumulating at the current sp, but will be substantially increasing holdings once 2.55$ price point is reached. We highly recommend this stock as a short, medium and long term buy. Foward P/E with expansion should place this stock well above 5$ within the next 2 quarters.
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