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Yamit2000
Mar 8, 2019 1:05 AM

ABBV - will it break down? Short

AbbVie Inc.NYSE

Description

Abbv healthcare sector, is on a major upward trend
the secondary trend is downward
we see a double bottom at 77.5 which is a support area for now..
it has stopped at moving average 200
following it for a short play after an approval candle.
will it break the resistance area with the help of the market?
earnings - 29 april
this is not a recommendation,
as always, I'm open for a feedback..
Comments
Amigocsek
yes Short :) my options: 76$ sell end Tp 20$ (20$ waith 2020 -2021 :) SL: 80$
VividFX
I think thos is a buy and hold opportunity! Dont they offer dividends? Might be a great company in the healthcare sector
Yamit2000
its still holding 77 level.(-:
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