ABBV Breakout Imminent
ABBV looks poised to break out after finding Weekly/Monthly support. Targeting the 50 Moving Average on the Hourly Chart sitting at 140$ for a short term trade. Watching positive crossing of the CCI zero line for additional confirmation as it has been diverging for a while now.
Note
***Correction*** Daily Chart, not Hourly.
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All opinions while deemed valid by its operators and shared on this board are not financial advice and are primarily for Entertainment Purposes.
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.