Let's keep an eye on ABT! 👁ABT looks interesting, and it is worth to keep an eye on it! We have a pivot point at 109.52, and this might push ABT to higher levels. It must not break the 107.61, because we have a huge head and shoulders pattern here!
In the 4h ABT just hit one of the fibs retracements, and now it is ready to trigger the pivot point at 110.86.
If it breaks the first pivot in the 30min, I think ABT might close the gap at 116.51, but we’ll see.
We also have a support at 105.37, and we are doing some good movements from here. It seems a fine idea: Tight stop-loss and good upside potential.
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See you soon,
Melissa.
ABT
ABT: 1.2k - 1.85k - 2.8k - 4.5k stsFor ArcBlock ABT token: need to reach 1.2 k - 1.85k - 2.8k sts.
4.5k sts = long term.
There are higher levels: 7k & 9.5k sts, but I don't think ABT can reach them :)
The LATEST Elliot Wave Count $ABT (ABC)I was long from $120 and Got out at the same price later.
Before going long I posted my elliott wave analysis but I'm not sure I did it correctly
Here now I have done a quick simple analysis again.
I can see that the weekly chart might be topping out. We might be into Wave B up and waiting for a Wave C down.
Let's see how it happens.
Check out my previous analysis attached below.
ABT - STOCKS - 05. APR. 2021Welcome to our weekly trade setup ( ABT )!
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4 HOUR
Bullish price turnover..
DAILY
Multiple trend-change confirmations.
WEEKLY
Oversold market structure..expecting another push to the upside.
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STOCKS SETUP
BUY ABT
ENTRY LEVEL @ 119.53
SL @ 117.13
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Flag Pattern on ABT, the way we will trade itToday we will show our analysis and setup we are planning to take on ABT
Technical Overview:
-The price is inside an ascending channel
-Currently is in contact with a key support resistance zone + the ascending trendline
-In Technical analysis confluence situations provide interesting places to think in terms of buying or selling pressure
Setup development:
-We can see an ABC pattern on the confluence zone (support resistance zone + ascending trendline)
-IF the price reaches the green line we will consider that as a trigger for our view. We will set stop loss below the structure, break-even on the first fibo extension and take profit on the final fibo extension
-IF the price doesn't reach the green line, and keeps falling below the Flag pattern, we will cancel our bullish view.
-Risk we are taking on this setup: 1% of our capital
Thanks for reading!
A Bullish breakout means a 15% upside potential / ABTToday, we will take a look at ABBOTT laboratories.
- From a technical perspective, the price is above an ascending channel
- Since August 2020, we observed a 150 days consolidation
- We can now see an ascending triangle, which is considered a continuation pattern once the flat line is broken.
- IF we have a clear breakout, we expect a bullish movement towards 132
- ABBOTT is an extremely bullish stock that has been performing really well (+80% in 2020)
- We will consider that the setup is no longer valid if the price goes below 99USD per share
ABT 1-13-2021 LONG TRADE112.15 ENTRY PRICE.
100.94 10% STOP LOSS.
117.76 5% TARGET.
123.37 10% TARGET.
Volume 100%.
200 sma inclining showing uptrend.
RSI above 50 level.
Price had a brief 3 bearish candle pullback that stayed above 20 sma.
Current price candle was a large body bullish reversal candle.
Price created a new high.
FLDM simple TL break as PCR testing at ATH's now versus antigen FLDM looking for a break of trendline as PCR testing at all time highs according to labs across U.S and turkey holiday coming
Breakout on Medical-DevicesTechnicals
IHI is breaking out of a parallel channel with an RSI(14) = 69.
A measured move to continue to a new channel, would take us to to $322 approximately.
A close below $285 would negate the current up-trend.
News
ABT has come out with a COVID-19 test kit, which reveals the result in 15 minutes; it will cost around $5.
Abbot Laboratories $ABT "Cup"$ABT is forming cup needs to hold above $100 for a confirmation. watch for a heavy volume as well
12 months Consensus Price Target: $103.67
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Please don't trade according to the ideas, rely on your own knowledge.
Thx