ABB- short for 10 %
capital good sector is expensive
techical reasons for shorting
1.price unable to sustain above the pivot level (marked in chart )
2.3 reversals from the resistance level
3.MACD negative divergence (12-26 ) in daily charts and weekly charts as well
target and SL marked
techical reasons for shorting
1.price unable to sustain above the pivot level (marked in chart )
2.3 reversals from the resistance level
3.MACD negative divergence (12-26 ) in daily charts and weekly charts as well
target and SL marked
Trade closed: target reached
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.
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.