ABBV broke both sideways consolidation range and declining trend line. Previous few trading sessions have been hittin the resistance but unable to break out. Friday's price broke out of resistance which bodes well for higher prices. Stop below Friday's low (or previous resistances) 56 should be a good R/R for a long position.
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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.