ABAN : Rounded swing (towards breakout)

Scrip has almost formed the low of the rounding bottom which resemble a “V” bottom, the trend has been validated by trend period which took 5 months to form however volume increase at the end is yet awaited for perfect trend formation/breakout
The scrip has gone through long consolidation period that turns from a bearish bias to a bullish bias but yet to see breakout and advanced with volume rise towards advance again
MACD also showing the way
Enter above 204 post confirmation however would avoid long turn investment due to not so convincing company fundamentals with negative cash flow and PAT in negative
Aiming short term for price target as defined.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out