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Bixley

ABBV 4.618 Rejection After Steep Rise

AbbVie Inc. (NYSE:ABBV)  
Bixley  
NYSE:ABBV   AbbVie Inc.
Trend Analysis Chart Patterns ABBV abbvie abbvielong abbvchart abbvlong abbviesell abbvsetup abbvshort
4
0
trendanalysis chartpattern abbv abbvie abbvielong abbvchart abbvlong abbviesell abbvsetup abbvshort
Previously a rising wedge led to a bullish break out which touched the 1.618 Fibonacci circle level
As of current a rising wedge has pushed price way up to 4.618 similarly to the earlier scenario
And also similar to the first situation we will see a bearish move following this steep rise
The rejection has already begun

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