A few days ago, I blogged about AmerisourceBergen (click here to see it) or ABC as listed in the New York Stock Exchange. I was talking about how the stocks were aiming for the all-time high at $32.49. The shares of AmerisourceBergen didn’t just aim for the $32.49 but also surpassed it during yesterday’s trading session by tapping a new high of $32.97. The next resistance that I know of could be the ascending channel’s resistance or its new all-time high. It could head for those levels if its ascent continues. Since its ascending channel is well intact, it would more likely hit or even supass the mentioned resistances. But in case the value starts dropping, the immediate support would be the uptrend line. A break below this could send the shares down to the next significant support at $30.31. But as I’ve said, the stock will likely continue to move upward until the channel’s support gets broken and it reverses.
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This is a very good post for me. I think you should add more video and pictures because it helps visitors
We’ll consider doing so. Thanks!