$ABBV - I'm a fan
Little extra, but put in both ABCD 61.8% fib corrections just to show definitive correlation for each re-trace. Definitely think that touch of the 50% is needed for an upward swing, but long term I can definitely see a 161% (200% on MA fib) move back up towards $115. Still pretty choppy price action, so my best bet would be to wait until @ or crossing over that $102 (blue WMA) area. Great setup tho
Note
Ouuuucch. Break of support is convincing. Should wait this one out to see what happens over next few days
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.