The general movement is upward. The price pivot zone of 85.20 holds back sellers. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence. A breakout of the inclined channel by the formation of an ascending pattern will result in further growth of the stock.
#ABBV rate online: monitor the price movement in real time.
Trading recommendations:
Buy when an ascending pattern 1-2-3 is formed, where wave 1 breaks through the inclined channel of the descending pattern.
Stop Loss: below the price pivot zone of 85.20.
Target: 100.58;