$ABC - Watching the 180 psychological level, what gives?
asked by u/ren_c · 1mo · 1 answers
Been watching $ABC creep back towards 180.00 after hitting that intra-day high around 180.93. Seems like there's some real resistance building there, maybe profit-taking or just a lack of conviction to push higher right now. My read is we need a decisive break and hold above 181 to consider a genuine move up, otherwise, a retest of 179.24 isn't out of the question and would invalidate any bullish ideas I have for now.