took a sharp dip with the recent news, but at the end of the day, they will just grow bigger. From a technicial analysis stand point, ABBV
remains ina decending wedge
, even with the sharp decline in price. Lower risk entry would be confirmed brakeout above the wedge
. I may be interested in a swing trade between the .786 and .382 fibs. This could potentially yield a 35-45% profit.