ACTIV8X

AbbVie Inc.: Down to 56.67 or inverting towards 62.94?

NYSE:ABBV   ABBVIE INC
AbbVie Inc             . closed last week in a small pattern. Although, general patterns suggest a bearish trend , if the equity closes this week in the green, while breaching 61.52, it would cancel the bearish trend and set a bullish trend with 66 as an objective.

Breaching 61.52 will open the way to reaching 62.94, a critical level that may insure the settlement of a new uptrend.

Breaching 58.89 will reduce the hopes for the bears, and drive the equity as low as 56.62.

AbbVie             Inc's weekly Pivot Point is around 59.85. Its weekly support levels are around 58.18 and 57.02. Its weekly resistance leveles are around 61.016 and 62.68.
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