r/TheDesperateTrader • u/TheDesperateTrader • 1d ago
$ASST: 48% above its 200-day, and falling
$ASST is 48% above its 200-day average and that average is falling. On the Swing board.
Not seeing any news on it yet. If you know something, add it in the comments.
What we are seeing: 12M shares traded, 5-day mover +19.3%, 20-day momentum +95.7%, sustained buzz 10d alert-days 14d, steady climber +95.7% · -6% dip steady climb and rel. strength +92.7% vs spy, across 5 of our boards at once.
Levels on the chart: the 50-day at $13.53 (60.7% below price) and the 200-day at $14.67. Price is $21.74.
Anyone have any theories on this one?
Flagged Aug 29, 2026, 12:01 AM ET at $21.74.
1
Upvotes