AbbVie Inc.Long
$ABBV major support
Updated
ABBV coming into some major support here:*A descending TL from ATH that was resistance before
*2 year volume shelf starting at 155
* 200SMA on daily
waiting to see how it reacts
* long above 160 & hold on daily
* not willing to short it
key points:
* Humira sales declining further as more competition mounts
* Other drug sales increase compensating somewhat for the Humira decline
Note
Got back in at 162.5...playing out so far, stop has moved to 162.5 now
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