The_Patterns_Guy

#ABBV #short #stock

Short
NYSE:ABBV   AbbVie Inc.
on the daily chart ABBV has formed a triple top or as I like to say a three kings formation. MACD is leading down. OBV is neutral. stoch rsi is leading down. with a 4 RRR this is a pretty good trade.

weekly
trend is up, however there is a congestion zone on the far right of the chart. macd is crossing down. OBV is rolling over. stoch rsi leading down.

monthly
trend is up and so are all indicators

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