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@malteseinvest

Analysis: #NYSE $ABBV

Case 137 #AbbVie Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

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#ABBV 1/4

Chart 1
Monthly Chart: The inability to close above 90.50 and the subsequent break below 85.70 warns of deeper downside probes towards 76.10 and then 72.65. The .....

ABBV 2/4

..... daily SMAs 20 and 50 are negative and pointing lower - next up is the #SMA 200 currently at 77.46. Price would need to close above 101.20 to turn #bullish.

ABBV 3/4

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