ASX:ABB
After an accumulation rotation period stock price fell. Candles have now gone back up the POC. Weekly - Candle today inverted hammer on an uptrend -shooting star which is bearish.
Daily chart - ST and LT EMA trends are bullish which is contrary to the bearish thesis.
Anticipate - short term will bounce off POC around 4.91 and fall. ST EMA could turn...
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ABB
- After hitting an overhead resistance zone (orange highlight) at 5.10-5.50 levels, stock has retraced back to support zone (blue highlight) at 4.40-4.60 levels
- Short-term average has crossed below (red circle) the mid-term average –> not a good sign
- Stock has been trapped in a sideways movement...
Text me if you have any questions/comments for me.
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ABB
- Previous analysis was done on 17 Nov (red arrow) – suggested waiting for a successful breakout above 5.30 levels before plotting entry if believe the stock can create new all-time highs
- Today’s price action is accompanied with above average volume is proving to be a successful breakout
- Price is...
Text me if you have any questions/comments for me.
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ABB
- Previous analysis was done on 4 Oct (red arrow) – suggested waiting for a successful breakout and a better setup for entry
- Since then, the stock has consolidated sideways and today is breaking out with above average volume
- A successful breakout looks to be above 5.30
- Stock has a long history...
Aussie Broadband in consolidation. Notice the weekly price action is in distribution around the point of control. It is holding for now. Will watch this develop and see when the breakout comes. Momentum is showing weakness however it's important to wait for the breakout and reassess. Leave it up to alerts for now.
Text me if you have any questions/comments for me.
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ABB
- First time doing a written analysis on ABB
- In last night’s FB livestream, I suggested a breakout entry if believe the stock was capable of forming new all-time highs
- Today, the stock created a new ATH but quickly retraced to form a bearish pin bar
- Historically, the stock has had periods of...
ASX:ABB
ABB Is an Australian Internet Provider, with the best and fastest fiber connections. With amazing growth since 2019, their company is beginning to reflect their share price.
My entry points are marked via yellow lines and "T1, T2" etc. I plan to make these entries after the company completes the capital raising, where I believe shar price could dip to...
ABB has shown a spectacular rally and the current swing looks like it has gotten overbought. The RSI looks quite overbought, and seems that it may be preparing for a swing lower. I expect price to swing lower to my buy zone where I would be interested to get long after bullish price action confirmation. My current buy zone is in the range of $2.90 - $3.10, which...
![ABB: [ASX] ABB - Long](https://s3.tradingview.com/3/3U36OScL_mid.png "[ASX] ABB - Long")
