Welcome to our weekly trade setup ( ABT )! - 4 HOUR Bullish price turnover.. DAILY Multiple trend-change confirmations. WEEKLY Oversold market structure..expecting another push to the upside. - STOCKS SETUP BUY ABT ENTRY LEVEL @ 119.53 SL @ 117.13 TP @ Open Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a...
The pharmaceutical company bounced 2 sessions ago from it's support level of 114.62$. The trend is still up and strong. Buying at market price first target 118.90$ followed by 123.18$ then 128.54$. Stop loss at 10% from entry level, remember not to risk more than 2% of your capital.
Bullish momentum appear to be testing resistance trend line. Good long entry point. Or conservatively wait and set a trend line alert on the resistance line. If crossover then buy.
According to my screener, and historical profiling, and tracking past 8 Friday's performance, and listening to people smarter than me.... I will be buying options today for one day plays and this is one of them. This has a cinched MACD, positive ATR and stochastic plus a bull pennant
I have gone long on ABT on Friday but here is the Elliott Wave analysis behind this entry and why I went long I am looking for Wave 5. But My profit target is the peak of wave 3 There is still time to go long $ABT
Previous I did quick Elliott Wave analysis of $ABT and found that it might be due for a wave 5 up Here is a quick update on what's going on.
Today we will show our analysis and setup we are planning to take on ABT Technical Overview: -The price is inside an ascending channel -Currently is in contact with a key support resistance zone + the ascending trendline -In Technical analysis confluence situations provide interesting places to think in terms of buying or selling pressure Setup...
Abbott delivers double-digit underlying organic growth in 2021 and sees >$6bn in COVID-19 Revenues Abbott has high exposure to emerging markets and consumer-directed businesses, driving the potential for sustainable double-digit earnings growth Leverage opportunities are visible across multiple business segments including Nutrition, Diagnostics, and EPD
$ABT signal was given on the 5th of Jan and it has more than a 15% surge. As I had mentioned this is a very slow stock, but a very steady one so the momentum we got in the last few days WHILE THE MARKET WAS BEARISH was impressive. I am expecting a cooling-off set of days probably hitting the support line of the bullish channel and then some more surge. FYI I have...
Abt has developed an ascending triangle and even though friday's close was less than desired a strong catalyst is going to send this to the stratosphere. Abt began rolling out their rapid tests last quarter so couldn't really capitalize on that. However, all they have been doing since then is selling rapid tests, TO THE WORLD! I suspect this ER will show that...
The PEAD projected a bullish outlook for $ABT after a positive under reaction following its earnings release placing the stock in Drift A 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.
Today, we will take a look at ABBOTT laboratories. - From a technical perspective, the price is above an ascending channel - Since August 2020, we observed a 150 days consolidation - We can now see an ascending triangle, which is considered a continuation pattern once the flat line is broken. - IF we have a clear breakout, we expect a bullish movement...
The stock has been in a range since August but earnings could be a catalyst for a further move higher