ABB buying opportunity

duco1 Updated   
As analysts are giving ABB a target of around 240, I am looking for a buying opportunity.
At the moment ABB might be rejected at the current resistance area around 202-206. This resistance also represents the 0.618 fib retrace of the 'corona dump'. The trendline (blue) is still holding, but if it breaks a retrace is to be expected.
THEN I'll be looking at a buying opportunity around 190-192.5 as there is a confluence of support there; the upward trendline (blue), horizontal support (purple/gray zone) and we have a gap still to be filled there at 190.60.
ABB has just broken it's upward trendline. This could mean it's going to set a temporary top.
On of the likely scenarios is to retest the trendline, and the 0.618fib in the process, making a higher high, to then fall down to the current support. After which one more attempt will be made before falling back down to support. This forming a head and shoulders.
Once the H&S neckline breaks, it's target lies pretty close to the previous support around 180m, our potential buying area.

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