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Asana (ASAN) Bull Flag in a Strong Trend

Asana (ASAN) Bull Flag in a Strong Trend

by | Nov 15, 2021 | Chart SetUps

Asana (ASAN) shares consolidating in a multi-week bull flag under $145 and pushing back above monthly value on Friday with upside to $165. Shares are back above the rising 8- and 21-EMA. MACD is nearing a bullish crossover and RSI is back above 60, plenty of room to run on a move. ASAN had buyers of the May $160 calls on 11/12 and the November $140 calls on 10/21.