Abbott Laboratories
Long
Updated

$ABT - C/H

ABT
C/H, double bottom bounce, crossed 200day EMA on 1hr chart… 3,2,1 blastoff.

“I’m not an expert but I have watched a lot of youtube videos.”

ABT
Note
Interesting that the same pattern seems to be true on the daily chart at a larger scale.
Note
Playing out the larger C/H, triple bottom bounce or maybe inverse H/S(?), broke above 200 EMA again and solid volume support (I like this new tool! too bad I can't update this chart).
Trade closed manually
Exiting trade - seems to be trading sideways.
Note
Are you kidding me - I waited on you forever and the day after I bailout you decide to break. Better luck in '21.

Disclaimer