Asos

looking at your chart....Its a no..
123 low has to come at the bottom of a trend and not any where else..
The 123 low breakout happened back in october 28th


dl.dropboxusercontent.com/u/4899609/asos4thfeb2015.png

Hi Folks.

Remo, this looks like a potential 1,2,3 formation, as always would appreciate what you think please?
Not been trading for a bit, so a bit rusty lol!

2990p is the break out point, RSI is on resistance, so need to break as well imho..
The link,
uk.advfn.com/p.php?pid=chartscreenshotsh...CVOU=&symbol=L%5EGKP

ATB,
Trendfriend

Great call TF, well done!

Got my numbers for support and resistance prices mixed up in the post below, at 9.06am. (rushing to leave for work)

This is correct S&R for ASC.
3331
3213
3098
2975
2696
2284

I got out with a small profit, from memory on that one.
As the trend was still bearish, as Remo says never catch falling knifes!

Looking back to the start of this thread I see you were long this stock last May at circa 4000…… did you get out at a decent 4000+ before the fall back to 2000?