Technical indicators be damned, ABBV is going up
AbbVie manufactures the anti-viral medication ritonavir, which is used to combat various viral infections, such as HIV and Hepatitis C. Ritonavir is also being used to treat the novel coronavirus.
natap.org/2020/newsUpdates/020420_02.htm
As the SARS II outbreak certainly worsens, ABBV might be one of the few stocks that survives the coming financial storm. A short term pullback is possible from the technical indicators but I don't think it will last long as virus cases increase exponentially.
natap.org/2020/newsUpdates/020420_02.htm
As the SARS II outbreak certainly worsens, ABBV might be one of the few stocks that survives the coming financial storm. A short term pullback is possible from the technical indicators but I don't think it will last long as virus cases increase exponentially.
Note
So far im getting screwed. Might be a dip, might be further declines, let's seeNote
This is just not working out
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Disclaimer
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.