Long ABS - Nong Nghiep Binh ThuanLong ABS
Entry 1: 24.3; Entry 2: 20.2
Exit: 17.8
Target 1: 34.5; Target 2: 42.5; Target 3: 50.8
Signal
+ Weekly chart
. Bullish divergence from Jun 20 to Jul 21.
. Heavy volume bars break up POC around 19.6
+ Daily chart
. Consolidation zone during 04 months in band 18.0 - 24.0.
. Breakout out bars with heavy volume.
ABS
ABC Approaching Support, Potential Bounce!ABC approaching support at 81.29 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially rise to its resistance at 86.35 (38.2% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
