After a strong breakout from the recent consolidation zone, ABB is showing renewed momentum with clear signs of accumulation and strength in trend.
We're now anticipating a fresh 1500-point move based on technical structure and price action dynamics.
Current Price: 5635
Mid-Point: 5452.50
Upside Targets: 6123.04, 6502.50, 6896.25 and7290.00
Downside Targets: 4783.28, 4402.50, 4008.75 and 3615.00
Support: 5164.05
Resistance: 5743.58
Disclaimer:
This analysis is for educational purposes only. Do your own due diligence before acting on any trade plan.
We're now anticipating a fresh 1500-point move based on technical structure and price action dynamics.
Current Price: 5635
Mid-Point: 5452.50
Upside Targets: 6123.04, 6502.50, 6896.25 and7290.00
Downside Targets: 4783.28, 4402.50, 4008.75 and 3615.00
Support: 5164.05
Resistance: 5743.58
Disclaimer:
This analysis is for educational purposes only. Do your own due diligence before acting on any trade plan.
Trade active
#ABB Upside Targets: 6123.04 (Missed by 5 points)
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.