ABN AMRO BANK N.V.Short
ABN short term green, returning to red in a week
It's clear that ABN is in a somewhat broader downtrend in a descending wedge that will break eventually, but until then it will bounce within these lines.
Two resistance levels are upcoming. A resistance line within the 20.95-21.05 range and the downtred upper line. RSI is also rising really quickly but with lower tops.
Could well be green until monday 8-apr-19, but looks bearish after.
Will be keeping and eye on it. If I see a clear rejection at either of these two levels, I'll trade on it.
Two resistance levels are upcoming. A resistance line within the 20.95-21.05 range and the downtred upper line. RSI is also rising really quickly but with lower tops.
Could well be green until monday 8-apr-19, but looks bearish after.
Will be keeping and eye on it. If I see a clear rejection at either of these two levels, I'll trade on it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.