Aspen shot up today on good news. The stock recorded 13.5% gain after the news was released. Chart wise it was great as the stock touched a demand zone and started to have some buying going on. Of course, the signal setup wasn't as strong as Medtec but still because it wasn't somewhat linked to medical stocks, it reflected in the Top 30 Volume and the price move up north. The breakthrough point was the wall in the 5 minute chart where the buyers managed to push through the resistance at higher price before the good news released. Actually, that was the signal to watch out for because if buyers are willing to take higher prices, it means that is something brewing in the company and buyers don't mind high price.
