Great Shorting opportunity in ABB
ABB is around the Long Term Resistance
ABB is up almost 1200% in last 4 years !
Which is very extraordinary.
If we analyse Monthly timeframe analysis then we can clearly see Stock is around the long term channel Resistance.
Resistance is coming around 9200-9300
Also to confirm the same resistance, on a Daily timeframe we can see Rising channel which is seems working and stock is around the resistance.
Right now stock is around 9200-9100 and if stock falls from the highs then we can expect stock to come around 7200-7300
Thank you !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
ABB is up almost 1200% in last 4 years !
Which is very extraordinary.
If we analyse Monthly timeframe analysis then we can clearly see Stock is around the long term channel Resistance.
Resistance is coming around 9200-9300
Also to confirm the same resistance, on a Daily timeframe we can see Rising channel which is seems working and stock is around the resistance.
Right now stock is around 9200-9100 and if stock falls from the highs then we can expect stock to come around 7200-7300
Thank you !!
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
@RahulSaraoge
Connect us at t.me/Fivecirclesofficial
Connect us at t.me/Fivecirclesofficial
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