Stock Chart Analysis ASCA
Ameristar Casinos, Inc. (Public, NASDAQ:ASCA)
Casinos are starting to look good again and ASCA just hit all time highs. I highlighted ASCA in May and boy did I miss a good entry. It looks like it is setting up for a another entry though, as this is a pretty orderly pullback to the 20 day sma after the breakout. I am watching for a nice candle pattern to emerge confirming the 20 day sma as support.
Good Trading,
Joey
for more analysis, check out downtowntrader.com
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