Looking at the weekly chart of ABG we couldn’t see any significant candlestick that will suggest a reversal to either up or down so I think this stock will go sideways for this week unless there will be some catalyst that will change the trend. Could be window dressing? Caveat!
ABG has been going down since few weeks ago. We saw few chances of reversals but weren’t confirmed. Will Monday’s price action be a chance for holders to recoup their losses? What we see on the last two candlestick is a formation of a Homing Pegion. This formation involves two red candlesticks where the first [...]
ABG – ASIABEST GROUP INTERNATIONAL This stock continued to go up today but not that big as yesterday’s. Price went up as high as 34.8 and low as 32.4 but a great percentage of trades are done at 34 which has 17.64% share of all the prices traded today. Just be careful because correction for [...]
ABG – ASIABEST GROUP INTERNATIONAL Wasn’t expecting this stock to go up that high. Congrats to all holders. It has a good volume and price action. Will it continue tomorrow? I think it is forming Wave 3. This wave is already longer than wave 2 so at anytime retracement is already acceptable. Also, will there [...]