#AST #AscentResources – Clear cup-and-handle
ASCENT RESOURCES PLC ORD 0.2P LSE:AST
Well we got a lovely little handle now too on the hourly! So as a bullish cup-and-handle is potentially in play, I reckon there could be a very good trade opportunity here with a clear minimum target.
IMO it should start turning up again within the next few hourly candles – based on the Stochastic approaching oversold. Then break the top of the cup level (possibly with a backtest first) and it’s a confirmed setup.