ABI is playing an inception move on us
Hi all,
this is my first idea. Don't know if it can be of any use to anyone... In case it is, then thanks for liking it ;-)
According to my (maybe amateuristic) analysis I noticed that ABI is playing an inception move on us. It actually formed a nice cup and handle, in the handle of a major cup and handle.
Further more the MA's show that there might be a slight correction towards the 80€ area. Maybe a buying opportunity?
Then it should take off again towards +- 84€ and on a later stage towards the 95€ area
this is my first idea. Don't know if it can be of any use to anyone... In case it is, then thanks for liking it ;-)
According to my (maybe amateuristic) analysis I noticed that ABI is playing an inception move on us. It actually formed a nice cup and handle, in the handle of a major cup and handle.
Further more the MA's show that there might be a slight correction towards the 80€ area. Maybe a buying opportunity?
Then it should take off again towards +- 84€ and on a later stage towards the 95€ area
Note
It hit the 80.70 line for the 2nd time in2 days, so confirming strong resistance.Let's see whether it goes the way we want it to go.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.