ABAN WEEKLY CHART
ABAN DAILY CHART
- ABAN weekly chart shows a rise from inverse head and shoulders and break down from triangles and trend line break
- in the second chart it is shown with 50 DMA and fibonacci retracement levels. And also a trend line. If the stock becomes weak below 50 DMA make sure that the stock gets support from the trend line. One can remain long as long as the trend line holds. If 50 DMA and the trend line gives support the first target should be 880 and then 1033.
Hi San. Good Morning.
ReplyDeleteIn case time permits would appreciate your views on Aban Offshore!
I have been seeing a small negative divergence on MACD. Your views on whether to continue holding for Targets of 1000+.