This company's main business is to facilitate mortgage foreclosures and there has been a moratorium because of the Covid lock downs on foreclosures and evictions for the last 1.5 years. Thus this company's core business was extremely affected. Recently the Biden administration extended this moratorium for 1 more month but it will end on July 31st. Therefore ASPS should start to rise as their business comes back. Here's an article discussing that eviction moratorium.
The weekly chart looks fantastic, double bottom high volume reversal that is currently testing a weekly downtrend line.
The daily chart broke through resistance on Friday, and was a long pick from our daily watchlist.
The 60 min is a bit extended, so watch for some sort of bull flag or abc like consolidations as potential buy opportunities.
enjoy the rest of your Sunday afternoon.
Matt