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ABMB: Ready to Soar or Due for a Pullback?

ABMB: Ready to Soar or Due for a Pullback?

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KingKKK
Sep 10, 2024
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KingKKK’s Substack
KingKKK’s Substack
ABMB: Ready to Soar or Due for a Pullback?
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Overall Assessment:

The stock is in a strong long-term uptrend, as indicated by its position relative to the 200-day and 50-day moving averages. The price is consolidating after a recent rally, as indicated by the proximity to the 20-day MA and the neutral MACD.

The RSI shows no signs of being overbought, which is a good sign for further upward potential.…

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