rahulksjain

ABB - Weekly Cup & Handle Breakout

Long
NSE:ABB   ABB INDIA LTD
Sister stock movement in capital goods stocks like ABB, SIEMENS in past couple of weeks.

ABB gave a weekly Cup & Handle breakout last week.

"Three Soldiers" off from base.

Price above the value area of channel with good volumes.

Any consolidation and breakout is a buying opportunity until price stays above the value area.

Always Think R:R.

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