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$ABC - Watching the 180 Level After Recent Pullback
Been keeping an eye on $ABC the past couple of sessions. It's dipped a bit, now trading around 179.98. What's catching my attention is how it's testing that prior resistance around the 180 mark, which briefly broke last week before this small pullback. From a technical perspective, if it can consolidate above 180 and build some support there, it could signal a potential continuation of the earlier move up. However, a decisive break back below the 179.20-179.50 range, especially on higher volume, would pretty much invalidate that short-term idea for me, suggesting the prior breakout might have been a false one, or at least needs more time to re-establish a base.
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