ABT Bullish Momentum – Move Toward $141.60 ExpectedNYSE:ABT is showing strong bullish momentum, trading within an ascending channel and steadily approaching the upper boundary. The recent price action highlights consistent buying pressure, suggesting a potential continuation toward the $141.60 level.
The stock has maintained its position above key trendlines, with higher highs and higher lows confirming the bullish structure. A minor pullback toward the midline of the channel could offer buyers another opportunity to step in before pushing higher.
This setup aligns with the expectation of a bullish continuation, with the upper channel resistance around $141.60 acting as the next logical target.
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