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TOPIC: ABG

ABG 24 Jan 2014 11:28 #1

  • gclark25
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Hi Jackozy,

Think I charted this way back in 2012, rung a bell so had a look.

Tidy looking chart.

I think the weekly could be heading towards the 50% fib retracement from high to low in the long term ~350/60 area possibly which also correlates with an upper resistance channel long term:


ABG_-_Daily_zoomed_out_-_24-1-14.png


Aswell as the breakout play in motion, there is also an uptrending channel play, with a resistance around the ~250 area I reckon.



ABG_-_Daily_-_24-1-14.png
Last Edit: 24 Jan 2014 11:30 by gclark25.
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ABG 24 Jan 2014 08:28 #2

  • Jackozy
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Nice breakout yesterday here, just backtesting it now at 219:

ABGdaily24_01_14.png


dl.dropboxusercontent.com/u/20815047/FTS...ABGdaily24_01_14.png

Could be targeting the gap.
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