Below is the technical chart of Abovenet Inc., listed on NYSE, using Ichimoku indicator.
The stock price of Abovenet Inc. is moving upward but kijun-line is not supporting this upward movement. This line is flat. So, in the short term, the price will come down to kiss kijun-sen line @59.81. So it’s time to book your profits in this stock and look for other opportunity in the market.
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