Get started
ABBVIEABBVIEABBVIE

ABBVIE

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

4ABBV trade ideas

ABBV - UPDATE!I was away from TradingView for a few days, but I'm back now and continue to look at the market and look for ideas! Updating ABBV idea: Well, after the report, we teleported to shoulder level. And now several scenarios are possible: 1) Shoulder bounce 2) Shoulder breakout Which one am I more likely to go with? A shoulder breakout. But is it worth taking a position right now? I don't think it's best to be in it from the day of the report. I'm not in a position, just watching.
NYSE:ABBVShort
by Myst_Trader
2
$ABBV looking to come up on the right side of its base!Notes: * Great earnings track record * Very strong up trend on all time frames * Pays out dividends * Coming up on the right side of its base after ~4 months * Has been in a tight range of ~3.8% for the past 3 weeks Technicals: Sector: Healthcare - Drug Manufacturers - General Relative Strength vs. Sector: 1.91 Relative Strength vs. SP500: 1.54 U/D Ratio: 1.76 Base Depth: 26.75% Distance from breakout buy point: -13.75% Volume 8.02% above its 15 day avg. Trade Idea: * You can get in now as the price is very close to its 50 day line and has been using it as support for the past 3 weeks * If you want to be safe you can wait for the breakout from this tight range with a break above 154.07 * This stock usually has local tops when the price closes around 10.96% above its 50 EMA * Consider selling into strength if the price closes 10.76% to 11.16% (or higher) above its 50 EMA * The last closing price is 0.11% away from its 50 EMA
NYSE:ABBVLong
by HaseebKhan_90
Two strategy approach to ABBV, buy on throwback or a break outABBV has broken out of the falling wedge and with that, it confirmed the terminal end of the correction. With the recent cup and handle formation, we think that a bullish upside may come however, Friday's shooting star is a concern and as such, we will place the buy order at US$156.90 to confirm the breakout trade. Another strategy we have in mind is to wait until prices retrace to their nearest support at US$143.74 to anticipate a rebound.
NYSE:ABBVLong
by William-trading
ABBV - FUNCHARTS - Follow the TrendNote: Funcharts are interesting charts I have found that offer a potentially unique perspective on a stock. Sometimes I’ll throw something out there that you might find controversial or wrong headed. If that’s the case your 2 cents worth is most welcome. Abbvie (ABBV) listed on the US market sets up nicely as a Trend Following stock. If you are in Tradingview insert the Supertrend Strategy and change the inputs to a 50 period ATR length with a factor of 2 times ATR trailing stop. The strategy will buy when the daily closing price closes above the ATR trailing stop and go short when the price closes below the ATR trailing stop (shown in blue and red on the chart). A look at the performance summary for long trades shows 44% winning trend with a win:loss ratio of 2.22 with a profit of over 109% through the period. Whilst buy and hold was the best strategy overall the drawdown was much lower for the trend following strategy and almost as much money was made. Stock like this that trend nicely, whilst allowing you to manage downside risk can be used with a certain amount of leverage as it follows the age old mantra of letting profits run and cutting losses early. As with all trend following strategies, a low win rate but high win:loss ratio is to be expected.
NYSE:ABBVLong
by andrew.gibbs777
ABBV - Zero To Five Count And Broken TrendlineOn this monthly chart we see the 0-5 count. In my framework, the framework of the pitchfork, a 0-5 count means, that whenever 5 is reached, there is a high potential for a turn in the opposite direction, starting a new 0-5 count. On the monthly chart we also see that the CL was reached, and price seems to get rejected. So far a nice combination with the 0-5 count. Further more, the Trend line on the daily chart was broken with higher volume, three days in a row. A good confirmation of the move. Against a short is the fact, that ABBV is in a strong phase compared to the overall market. And the monthly Stochastic has not broken it's average yet. And because of this AND earnings ahead, my position will be smaller than usual, and I'm loading the boat if after earnings we see more decline in price, combined with price action. #besmartdonttradeafart
NYSE:ABBV
by Tr8dingN3rd
2
AbbVie | ABBV | Due for a CorrectionAbbVie ( NYSE:ABBV ) looks weak at resistance and may be due for a drop in the coming weeks. Pretty strong bearish divergence. Insiders selling almost $16 million worth of shares in the past month at an average of $147.87 (source: OpenInsider). If this starts to drop, support points are the 50 EMA (yellow line), $135-$136, and then the support lines / 200 EMA. Small gap to fill between $145.70 and $145.76. New drug approvals or positive company outlook could change this forecast.
NYSE:ABBVShort
by NicksAnalysis