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AndreasS
Apr 28, 2016 8:49 PM

ABIB going back to resistance Short

EURONEXT:ABI1D
AB INBEVEuronext

Description

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Both on the weekly and the daily ABIB looks bearish. A hanging man on 1D confirms that it will test resistance at 116 after which it will drop until 106. Confirmed by both MACD and RSI.

Trade closed: target reached

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Bearish Patternsabib
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