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just4tradin
18 déc. 2023 03:07

ABBV - I guess Not late for the Party !!  Long

AbbVie Inc.NYSE

Description

ABBV - 135 level would’ve been ideal entry for long but it’s not too late to join the party.
It's just cleared 155 level.
Next, gap fill above upto 165.
After that, Target 1 : 175

Commentaire

Gap Filled, moving on to next target 175

Commentaire

Bounced on the Gap's top range as support and moving up

Transaction en cours

Today's pullback is 61.8 Fib Extension, usually profit taking zone. And it just hit a resistance level 168

A close look on Daily chart -

Trade fermée: cible de profit atteinte

Target reached, closed few and leaving few runners until it runs.

Transaction en cours

Added 1/2 position here at the volume shelf

Commentaires
alphansowilliams23
Do you honestly think it could keep the buying pressure this week with out pull back? Im looking for a options call on this one
just4tradin
@alphansowilliams23 I don’t think it can go without a pull back. That’s why I’m riding with commons position- Dividend and time
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