American Scientific Resources (ASFX)

[Mariner*]

Good close! Ok, Chart is setting up fantastic. Two months ago the 10 Dma crossed over the 20 Dma, and now this last full candle tail and all, is riding "Above" it. Very bullish.
Two double green barrel hits on the volume showing cash money coming back into the stock. Peeps are stocking up, good sign.
Nothing moves in a straight line, especially stock charts but the forward momentum seems to be picking up concerning forward looking events that are on the horizon.
Looking for the Chaikin Money Flow to punch up over baseline zero.



Now on this one year chart we are currently sitting above all previous candles in the last 12 months, so we have already broke resistance levels with a solid candle today.
Needs to maintain station @ or above .0015 going forward to use .0015 as support levels to attack the .002's out of the double zero teens, which looks to be where this is headed.



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Chaikin Money Flow
https://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chaikin_money_flow_cmf

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