This is an example although calculations should be correct, but earnings will play a huge factor on this one since earnings are tomorrow morning. I tried to explain calculations/procedure for an ABC Bullish pattern on the chart. This particular stock has earnings in the morning so may not be a good one to risk right now, but it is ABC Bullish before earnings. ...
ABT made a double top and looks weak here. It could not hold the resistance. Target $124
I last spoke about ABT when it was peaking at a breakout. Now, with slightly higher than average volume, it finally broke out. Now is the time to get in Here's a recap of what I last mentioned * Strong up trend * Consolidating since beginning of 2021 * Strong earnings * Lower than average volume All signs point to it breaking out soon. Due to the lack in...
* Strong up trend * Consolidating since beginning of 2021 * Strong earnings * Lower than average volume All signs point to it breaking out soon. Due to the lack in volume ABT may visit the $126 area before breaking out. Trade idea: * Wait for a break before entering * Look for an entry around $126 for a discount Target after breakout would be $151.65 Looking...
Price tightening in rising wedge and may soon break towards down side. Target 125$
According to the book Good to Great by Jim Collins, the stock achieved a fifteen-year result 3.98 times higher than the market in the 20th century. I want to compare that period in which the stock achieved excellent results and update that comparison with data from the 21st century to see how the stock has progressed further. For more details see my blog, an...
According to the book Good to Great by Jim Collins, the stock achieved a fifteen-year result 3.98 times higher than the market in the 20th century. I want to compare that period in which the stock achieved excellent results and update that comparison with data from the 21st century to see how the stock has progressed further. For more details see my blog, an...
Kimberly Clark 1971-1991. Good to Great analyse of a stock Kimberly Clark.
Chart looking good here. taking last move under resistance and using that as next move. Slow but should continue to move higher.
ABT has been continuously failing to push above a Fibonacci resistance while also showing more signs of bearishness. The greatest of them is the divergence that can be seen from the Squeeze Momentum indicator. If a stock is increasing than the stocks momentum should also increase but for this case, that is not true. Another indication of bearishness is the Willy...
The PEAD projected a Bullish outlook for $ABT after a Negative over reaction following its earnings release placing the stock in drift C If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
The Weekly Displays that of a major up-move to be expected -MACD displays continuous reduction in its selling momentum - NYSE:ABT bounced off of its 20ma -Daily Displays a bounce off of Fibonacci support My first price target is the upper Bollinger Band which is 125, but I expect ABT to continuously rise until we see a reduction in buying momentum via the...
ABT - Beat earnings estimates in sales and EPS. This was an earnings winner that surprised in both EPS and sales. I like this for a 125 call swing if we can hold up at 120.42. We broke this resistance on Friday and will have close eyes on it for a position in between this 120.4 & 121 range and should easily make it back to 124-125 if we can push out of this range.
Gap down on the daily chart. Gap filled with strong momentum. Looking to back test and bounce off of top gap. 1y1d chart very strong. Bullish overall PT: 120/125/130
ABT looks interesting, and it is worth to keep an eye on it! We have a pivot point at 109.52, and this might push ABT to higher levels. It must not break the 107.61, because we have a huge head and shoulders pattern here! In the 4h ABT just hit one of the fibs retracements, and now it is ready to trigger the pivot point at 110.86. If it breaks the first pivot...