Good time to buy ABBVIE

Chart Analyse
Based on weekly and monthly chart, we can see an interesting point in the ABBVIE chart.
The weekly chart is showing a nice low currently forming. Lets see how we end this week.
And if we look at the long term trend, the low sits exactly on the long term trend line.
If we look at the monthly timeframe you can see also a nice candle forming. we still have a week to go this month, so lets see what happens.
Additionally, this corresponds to Fibonacci zone 78.6

Dividend
  • currently 6.4 % Dividend
  • 6 year growth history
  • good payout ratio
  • 1 year dividend growth 27 %

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