AB Food

Possible hammer forming right at trend line

these are on my dividend stock pick list, I have fingers crossed for a slightly lower long term investment entry (sugar price has been on a massive tear upwards) combine with the Primark recession play, its compelling.

abf - daily
uk.advfn.com/p.php?pid=chartscreenshotsh.../Nr0VC6RzsA7uBJ9JOA=

would wait for 2125p/2150p are to clear on eod close x 3 before committing here imvho.
You have the long term trend channel and a whats looks like pivot level around that level which should be a test for bulls.
While still inside the channel a retrace towards the bottom of the channel remains a possibility.

atb, wdik,, dyor,
trendfriend

Well TF, I sat on my hands for what seemed like an age, but once it crossed the magic line I pulled the trigger ( yesterday @ 2245p) it looks like their earnings and increased (special dividend) has gone down well.
Thanks for continuing to share your observations

abf - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...3jycSpy2qSjdf8r28%3D

2630p target while above the unfilled gap.

atb, wdik, dyor,
trendfriend

Target Hit TF !