ABT trade ideas
potential Bearish GartleyIt seems that a potential Bearish Gartley is forming that aims to be completed at 86 to 87.
Abbott Labs has $100 in its sights
Game changer technology in COPVID-19 testing - results now within minutes rather than hours.
Will look to fibonacci levels as targets if resistance breaks
$ABT Heads into Coronavirus Testing Pole PositionABT shares are ripping higher in recent action as the company achieves the vanguard in COVID-19 testing with its 5-minute results method -- which looks likely to set the new standard and redefine how we track this tragic disease.
This comes off a massively oversold low, and now we are back in the prior long-term range with supports in place.
Abbott Labs Game changer $abt
High volume today but advance was held at strong resistance.
possible entry on the break above this level or trade up to that level once again
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Gap down would be nice to fill the gap
ABT analysisGood setup here. Needs to break $80.65 with a 1 hr Green candle. Will see $85 if it breaks $80.65
$ABT can fall todayLow volatility stock intraday trading strategy signal.
$ABT chart shows appropriate parameters to open position. Also, the true range is low enough today, so the price has good potential to fall.
I suppose, the price will be falling until market close, so short sell can be from $80,22;
stop loss — $81;
take-profit — $77,88 or market close price.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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$ABT - Need Defense? Look No FurtherLargely seen as a defensive play, this stock actually has earnings growth and expansion. I believe it is only up from here - my year end price target is $98. If the price closes strongly below the ascending TL this trade will become invalid.
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AbbottNot worth the risk in my point of view as it has too many institutional gaps and the ratio does not have to be measured to know it is less than 1 in a short and long term down trend
ABT adjusting for a long position but with a .5 ratio E/LMany gaps and ratio is not worth the position
ABT LongDemand zone looks great on smaller time frames. Trading with bigger trend, should give a nice bounce up to test the highs.
ABT the cautious stockThis stock has been in a somewhat "predictable" sideways cycle with small up-down patterns for quite some time.
The profit taking range has been $87-$89. This is an easy buy below $79, and a half-decent buy at low $80s.
Look for continuation play at earnings.
As usual, take profits with a number you could be happy with especially at overbought/oversold levels.
Have a nice day!
ABT WEEKLYPrice has made a confirmed lower swing high @ supply level and daily has broken trend line with strong sellers
FDA Approves Less Invasive Surgical Approach for Abbott's Heart ABT: Abbott
2020-01-07 10:04:00
FDA Approves Less Invasive Surgical Approach for Abbott's Heart Pump to Help Patients Avoid Open Heart Surgery
$ABT possible short with good Risk/Reward RatioLooking for a short trade on $ABT. Chart is self-explanatory (I hope). Wait for reversal clues between 66.5 and 67 levels before trading, since this is a counter-trend idea.
ABT breaks down channel- As predicted. if ABT successfully broke down channel (pink) it would head into new up channel
- Overall correction looks like its ended and now looking to hit previous high
ABT breaking out- ABT previously resisted in down channel (pink)
- Trend step long and MMAR fully reversed to long
- Weekly MACD coming off back end of short trend
- Wait for ABT to close above pink channel
