Great Shorting opportunity in ABB

ABB is around the Long Term Resistance

ABB is up almost 1200% in last 4 years !

Which is very extraordinary.

If we analyse Monthly timeframe analysis then we can clearly see Stock is around the long term channel Resistance.

Resistance is coming around 9200-9300

Also to confirm the same resistance, on a Daily timeframe we can see Rising channel which is seems working and stock is around the resistance.

Right now stock is around 9200-9100 and if stock falls from the highs then we can expect stock to come around 7200-7300

Thank you !!

Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.