Hello Friends,
AB Capital is down trend channel. A solid reduction in price by 60% from the ICO price making the stock attractive. Fundamentally, Company is not doing bad for the price to reduce, it reduced because it was over valued.
So it is time to invest, can it turn like other holding companies? only time can tell.
Technically, there is wedge inside the channel and price is trying to breakout the wedge (first step to break the trend)
Watch it and buy it. I am an investor, so I have added AB Capital to my portfolio for a target of 200+ in 3-4 years.
AB Capital is down trend channel. A solid reduction in price by 60% from the ICO price making the stock attractive. Fundamentally, Company is not doing bad for the price to reduce, it reduced because it was over valued.
So it is time to invest, can it turn like other holding companies? only time can tell.
Technically, there is wedge inside the channel and price is trying to breakout the wedge (first step to break the trend)
Watch it and buy it. I am an investor, so I have added AB Capital to my portfolio for a target of 200+ in 3-4 years.
