What do you guys think of ABEO?
When looking at the chart it is about to reach a level of resistance with a uptrend. Heavy support at 4.6. If it breaks past the multimonth level of resistance of 6.5 it can run up to 7 and then 7.50 like it did in the past.
Remember not enough volume. Good luck
I agree with Lombardo
You need to define your strategy more which includes what volume is required for you to trade a stock? Volume = liquidity = ease of getting in and out of the trade. Use 500k to 1M shares traded daily as a potential guide. If less than this it's like watching paint dry.... not enough action at too slow a pace to be worth your valuable time.
@Jlo5 hey your thesis was on the right part. It gained 3% and like I said it's a better swing. Goes to show that come up with your plan and don't depend on others for a second opinion. Good job 👍
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