If today we close above the flag pattern then this is a sign of a clear new uptrend pattern.
ALL ENTRIES REQUIRE PROPER MARKET CONDITIONS ABT ABBOTT LABS ENTRY = 618@84-85 (200ema on daily) 1st Target = 89 2nd Target = 786@91 3rd Target = ATH 100+ ____________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and...
Abbott Laboratories is close to resistance. It may stall. Watch for RSI
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Huge breakout for ABBV closing the day above the double top formed from 2014/2015 highs between 70.70 and 71.60, both offering little resistance. RSI pushing into the high 80s shows good strong move up in my opinion, I won't be using RSI for short/sell/TP signal, rather buy more when it dips to over-sold territory on consolidation in the next few weeks... if that...