lukelehepuu

ASH IDEA

Short
NYSE:ASH   Ashland Inc.
ash
Ticker: ASH
Direction: SHORT
Entry Price: 115.79
Current Price: 112.39

Description of Chart:
In my last chart idea for ASH I advised of a potential touch of the 50MA, we almost got there however did not hit it. Due to this I still feel there is another potential down move to either touch, or break through it to then get to our next target of 108.81. Not a hard move if I am honest especially with such volatility in commodities recently.

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Idee correlate

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