Possible stop below C or where you see support. Target is D.
Targets calculated of the length of the AB leg and added to a long entry level that you can choose which clears immediate resistance. ABD Bullish is a pull back pattern so there will be resistance overhead. Can not be below A, or you may be looking at a double bottom or an AB=CD pattern.
Short interest is low. CMF is positive, barely but positive. RSI is over th3 50 level.
ABNB fell from a head and soulders but seems to have recovered after hitting C. The auto-fib tool here can help with nailing C. Gap resistance 186ish
No recommendation
Recent support at 165ish.
Targets calculated of the length of the AB leg and added to a long entry level that you can choose which clears immediate resistance. ABD Bullish is a pull back pattern so there will be resistance overhead. Can not be below A, or you may be looking at a double bottom or an AB=CD pattern.
Short interest is low. CMF is positive, barely but positive. RSI is over th3 50 level.
ABNB fell from a head and soulders but seems to have recovered after hitting C. The auto-fib tool here can help with nailing C. Gap resistance 186ish
No recommendation
Recent support at 165ish.
Note
Possible strong support btw 162ish and 164ish
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.