ASIAPLY (12/11/2020) on weakness

The stock is currently in sideway channel, trying to find a new lower low for Corrective Wave B. Based on oversold Stochastic, it could continue downtrending probably slightly outside the channel before limited upside for Wave C with resistance @ 0.500

We anticipate the support zone to be around 0.245-0.38. With banker chip flushed away, the stock might need better sentiment to start picking up more traction.

The stock has a slightly large balance float (60% of 710M shares), relatively compared to ANCOM (43% of 252M shares). This adds more friction for price action without any news or sentiment.

TAYOR.