Good time to buy ABBVIE

Chart Analyse
Based on weekly and monthly chart, we can see an interesting point in the ABBVIE chart.
The weekly chart is showing a nice low currently forming. Lets see how we end this week.
And if we look at the long term trend, the low sits exactly on the long term trend line .
If we look at the monthly timeframe you can see also a nice candle forming. we still have a week to go this month, so lets see what happens.
Additionally, this corresponds to Fibonacci zone 78.6

  • currently 6.4 % Dividend
  • 6 year growth history
  • good payout ratio
  • 1 year dividend growth 27 %
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