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lauralea
Aug 28, 2020 5:32 PM

Rising Wedge 

Description

Prior huge gap down may provide support during a pull back
ABMD has been in a rising wedge since the bottom.
I like this stock. I feel it is a strong stock as well so perhaps will not fall far. I think a lot of the biotech stocks may be taking a breather right now as well

Happy Trading
Comments
BosTrader1
February is too far in the past to consider IMO; March 11th should be the earliest. This analysis yields an upward trend with the SP currently hugging 20MA along with support. One positive catalyst, micro or macro, will send the SP to $350+ GL
lauralea
@BoSoxFan123, ?
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