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nexxtrade

REVIEW $ABB

Short
nexxtrade  
NYSE:ABB   None
Trend Analysis Chart Patterns Technical Indicators smellypipijourney smellypipi momentumstrategy Momentum Oscillators momentumtheory momentumtheoryindicator
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trendanalysis chartpattern indicator smellypipijourney smellypipi momentumstrategy momentumoscillator momentumtheory momentumtheoryindicator
Bearish

Fundamental
- Funds distributing
- Weak industry group
- Not sector leader
- Decent earning

TA
- Price rejected 2 years upward trend line
- Double tops formed
- Momentum theory forming bearish divergence ( first sign of warning )
- Price rebound at 0.5-0.6 fibo = strong trend to the downside
- Price falls below double top neck line

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