4AB trade ideas
$ABBV Holding 20d ema Support - Target $107-$112$ABBV Holding 20d ema Support
Expect a strong move after a close above $100
Target $107-$112 range near term
ABBV - Ascending Triangle - Continuation / $120 Price Target0. www.dailyfx.com
1. ABBV showing an Ascending Triangle Pattern here, as it consolidates below $100 and breaks out of chart formation;
2. ABBV most likely going to resolve 80%+ to the upside, and breakout to $120 all day long;
3. Anything below $100 at this point looks good for a longer term buy, and a swing trade;
ABBV - Adding to $82 Position / Consolidation / $125 Target0. We are already in ABBV, since $82, looking to add here.
1. Stock in consolidation, looking to breakout over $100 and run to $120;
Bullish price channel on ABBV:The Stock is trading in the bullish price channel.
The price is near the support line so the probability is it will move up-to 95.92 to its support level.
Below 94.25 price can be bearish.
Breakout: 98V bottom but I am in as the stock has broken the prior high and I am hoping this is just a small pullback. Stock pays a fantastic dividend and I think biotech is a winner right now!
Breakout V Bottom: 98
Stop: under 84
Target 1: 120 to 126
Target 2: 143 to 155
ABBV potential consolidation or uptrend potential break thru resistance on the uptrend
or
potential consolidation after hitting resistance
ABBV both optionspotential break thru resistance on the uptrend
or
potential consolidation after hitting resistance
