ABT finally broke out!
I last spoke about ABT when it was peaking at a breakout. Now, with slightly higher than average volume, it finally broke out.
Now is the time to get in
Here's a recap of what I last mentioned
* Strong up trend
* Consolidating since beginning of 2021
* Strong earnings
* Lower than average volume
All signs point to it breaking out soon. Due to the lack in volume ABT may visit the $126 area before breaking out.
Trade idea:
* Wait for a break before entering
Target after breakout would be $151.65
Looking at its growth, ABT is a great long term hold that pays out dividends!
Now is the time to get in
Here's a recap of what I last mentioned
* Strong up trend
* Consolidating since beginning of 2021
* Strong earnings
* Lower than average volume
All signs point to it breaking out soon. Due to the lack in volume ABT may visit the $126 area before breaking out.
Trade idea:
* Wait for a break before entering
Target after breakout would be $151.65
Looking at its growth, ABT is a great long term hold that pays out dividends!
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.
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.