ABSLAMC

• Price have cleared its previous all time high of 721 after a brief consolidation.
  
• This suggests that the up-move since the low of 307 is expected to continue.
  
• Prices could now initially test 975 (161.8% FR Level).
  
• Bullish outlook would remain intact as long as price is above 720.
  
• Trend would turn bearish if prices break 620.