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gsotolongo
Jun 10, 2020 1:19 PM

Uptrend falling wedge for possible bullish continuation Long

Abbott LaboratoriesNYSE

Description

I entered a little earlier @ 90.24 per my strategy prior of getting breakout confirmation from the falling wedge. Great support below, already hugging the trend line with possible bull continuation. Price action has touched top and bottom of the wedge 3 times on each side.

You can jump in today depending on what happens. If it continues to the bull side, I recommend entering and putting SL under the support line.

Trade active

almost got stopped out, but sl was well put.
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