Aug. 9 at 4:07 PM
$ABCL is finally starting to look interesting after clearing that ~
$6.50 resistance area.
The breakout is holding so far, and price is pushing higher.
The next level I’m watching is around
$8.40, where I’d expect some profit-taking. If momentum stays strong, the 1.618 Fib area near
$8.80 could come into play too.
For me, the key is still the 2-day Bull Market Support Band.
As long as ABCL stays above it, I don’t see a reason to fight the trend.
I’m holding for now, but I’d be willing to trim some around
$8.40 rather than getting greedy. If an overbought signal shows up there, I’d probably get a little more defensive.
Nothing is guaranteed. I’m just following the levels and adjusting as price gives us more information.
No hidden paywall, no complicated access.
Just my framework, levels, and how I’m thinking about positioning.
