BoonHooi
Long

Can Harmonic pattern work on Stocks ??

NYSE:ABT   ABBOTT LABS
It has been awhile since I last traded stocks , I have been focusing on mainly on the Forex market . I would like to add on some stock analysis here from now on. Why Abbot as my first analysis, we have been giving our kids milk powder from Abbot since they were born ;) (no I am not a spokes person from Abbot) hahaha

Price completed the Bat pattern at around 37.80 and price immediately reacted to that level. Now I am hoping for a retest of the level for an approximately 1:2 risk reward trade.

Cheers

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