ABBV is one of Warren Buffet’s holding in BRK.B. It has been respecting the weekly wma50 for a long time while holding an uptrend. I think the sentiment has been too bearish & a shortterm rebound in the general market is due in the next few days. Not trading advice.3
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It should break above 150 & the blue wedge in the next few days to be bullish. Otherwise, it will retest the base of the wedge.