ASM is nearing the apex of a symmetrical triangle while holding 10% above its 200 day EMA since January of this year. I see a lack of oversold conditions while the stock is within a consolidation pattern. With precious metals prices resuming their uptrend (or so that is my opinion) the evidence weighs more heavily towards higher prices than lower.

**I am long ASM**
Moving AveragesTriangleWedge

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