Abn Amro Bank Long positionPerfectly bullish candle up from support.
Back to 1ste resistance possibly higher.
Abnamrobank
ABN continues to rise after a double bottom.ABN Amro Bank - 30d expiry - We look to Buy a break of 9.63 (stop at 9.29)
Prices have reacted from 8.69.
Posted a Double Bottom formation.
Short term momentum is bullish.
There is no clear indication that the upward move is coming to an end.
A break of the recent high at 9.62 should result in a further move higher.
Our profit targets will be 10.44 and 10.84
Resistance: 9.60 / 9.80 / 10.20
Support: 9.40 / 9.20 / 9.00
Disclaimer – Saxo Bank Group.
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