Result of our VCPSniper analysis helping us (and you) to quickly scan through 1000s of names to create a short list of actionable stocks. We always look for price tightness and trend template criteria as defined by Mark Minervini. We publish videos couple of times a week and also add additional analysis on stock by stock basis. The entry should be at the break of...
Another view for ABT. Inverse Head and Shoulder pattern.
time open the market on these dates and pull after
$ABT W Ascending Triangle Lower highs with a sell wall (supply) at $130
The stock reached a new all time high. It reminds me of NYSE:ACN ACN which broke to a new high earlier in 2021. Since then NYSE:ACN has grew by 36%; can we witness the same thing with NYSE:ABT . NYSE:ABT is a buy at this level with a stop at $124.30 Always practise risk management.
At the region of 130 Abbott has struggled to surpass this level. It is key resistance.
Offshore - Abbott Laboratories (ABT, $128.45) Sector: Healthcare: Medical Devices Recently raised annual outlook while reporting earnings above analyst estimates. Abbott raised its outlook for 2021 adjusted earnings from continuing operations to between $5.00 and $5.10 per share, compared with its previous forecast of $4.30 to $4.50 per share. On an adjusted...
Previous head and shoulders played out just well. Now a bigger move is yet to come
I was looking at $ABT on the daily and 2H chart and my set up tells me that there is a probable long opportunity at present with a decent 1:2 RR. Earlier the stock could not break out of 130 levels. This time around, if it does that, then it will be a good trade. I am recording this opinion for my reference. Feedback welcome.
ABT is setting up a cup with handle; however need to watch at volume closely.
The PEAD projected a Bullish outlook for $ABT after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%. 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.
This one is clear. Start shorting today for the bigger move is yet to come
NYSE:ABT ABT break out soon. We see inverted Head n Shoulders and Trading canal not IR
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 $151.65 Looking...
Price tightening in rising wedge and may soon break towards down side. Target 125$