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WealthPark
Aug 24, 2020 1:26 PM

ABT Long Long

Abbott LaboratoriesNYSE

Description

ABT Long
Comments
whiskey4
Curious how are u setting targets on here? fib extensions? and whats the next one after 124
WealthPark
@whiskey4, Since it is the all-time high (no price action to the left) I used a measured move (AB=CD pattern) of March 23 low to April 20 high and projected it from June 22 low to obtain a target of 124. I do not have a second target at the moment I will just watch price action and trail my stop loss.
andreeward01
Target?
WealthPark
@andreeward01 First Target: 124.5
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