$ASR has recently moved out of a prolonged consolidation range, with price acceptance above the prior base area and increased trading volume. Such breakouts are often studied to determine whether the market is transitioning into a sustained trend or experiencing a short-term expansion. Holding above the former resistance zone can indicate buyer strength, but confirmation typically comes from continued structure, volume consistency, and follow-through. Analysts focus on whether higher highs are maintained and if pullbacks are shallow or corrective in nature. As with all breakout scenarios, disciplined risk management and patience are essential, as failed breakouts can occur in volatile conditions.
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