The 34 EMA (yellow line) has proven to be a very effective indicator for when we see bullish opportunties with ABT. As you can you see we have been respecting a Bearish channel for quite sometime, with a recent break out from the channel and attemps to change course. Time will tell.....
Truth be told, I got shook out of about half position due to stop loss/s set (as to ensure profit taking on the way down). I did not see quite the recovery happening this quickly, so if we continue to climb, I will be salty, while also happy =)
Truth be told, I got shook out of about half position due to stop loss/s set (as to ensure profit taking on the way down). I did not see quite the recovery happening this quickly, so if we continue to climb, I will be salty, while also happy =)
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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.