user_matthew

ABT the cautious stock

Short
user_matthew Updated   
NYSE:ABT   Abbott Laboratories
This stock has been in a somewhat "predictable" sideways cycle with small up-down patterns for quite some time.
The profit taking range has been $87-$89. This is an easy buy below $79, and a half-decent buy at low $80s.
Look for continuation play at earnings.
As usual, take profits with a number you could be happy with especially at overbought/oversold levels.

Have a nice day!
Comment:
Earnings date is now set for January 22nd.
Order cancelled:
The possible breakout is being initiated please standby.
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