Thursday, December 23

Trading Calls — ABG Shipyard and ABB

ABB Ltd
ABB has formed a base around 750 levels and facing resistance at down trending channel at 810.
MACD is showing positive divergence.
Buy above 810 Tgt

ABG Shipyard
ABG Shipyard is forming a ascending triangle formation with rising trendline from bottom and a vertical trend line joining tops.
Also the 50 DMA @ 408 is also proving a tough resistance to crack.
Buy above 408 Tgt

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