Hello Traders!
Abbott Labs had been on a clear and strong uptrend for quite some time before the crisis in March/April. But now that it has recovered and broken out of the short-term downtrend bullishly, the MACD has moved away from the 9 EMA and the RSI is a good bit away from overbought, it is very likely that the price will regain its previous upward momentum and the 50 SMA will take up its role as strong support again.
This is a picture-perfect longterm investment! Don't waste this opportunity!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
Abbott Labs had been on a clear and strong uptrend for quite some time before the crisis in March/April. But now that it has recovered and broken out of the short-term downtrend bullishly, the MACD has moved away from the 9 EMA and the RSI is a good bit away from overbought, it is very likely that the price will regain its previous upward momentum and the 50 SMA will take up its role as strong support again.
This is a picture-perfect longterm investment! Don't waste this opportunity!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
💥 Free signals and ideas ➡ t.me/vfinvestment