Aubanklong
AUBANK Analysis::Double top is identified in this stock...
we have strong demand lies at 440 levels.
price is now at support zone...price is aleady moved tomuch downside...
it is risky to enter short...
wait for the retracement to enter short side again.
we have a chance of Head and Shoulders in this stock. which is a reversal pattern in this stock price.
key support and resistance levels is given in the chart, take a look at these levels and trade accordingly.
AUBANK Ascending-Wedge PATTERNAug 30
Hello
Welcome to this analysis about AUBANK , we are looking at daily timeframe perspectives. AUBANK in recent times heavily increased with Bearishness however it now moved into an oversold condition. AUBANK is developing here that will be a decisive factor in the upcoming times. I discovered the main formation AUBANK is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how AUBANK has emerged with this key ascending-wedge-formation marked in my chart with the black boundaries. AUBANK is near support region which is an important support and also psychological support-mark together with the lower-boundary of the ascending-channel-formation a pullback
In this manner, thank you for watching my update-analysis about AUBANK and its major ascending-wedge-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!