ABB is seen in a downtrend on daily charts. The downward trending channel seems strong as it has been active since August 2022 and has also been tested many times. ABB can be shorted at around 2933 level to monthly support level of 2693.
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.