Based on my analysis:
1. ABT formed a double bottom chart pattern (April 20 - May 29).
2. Breakout neckline with a high volume and formed a marubozu candlestick.
3. Stochastic slows indicate that the bias still bullish.
4. Traders are advised to take profit at price (1) 99USD or 103 USD.
Syeikh Hafiz
Stock Market Analyst
1. ABT formed a double bottom chart pattern (April 20 - May 29).
2. Breakout neckline with a high volume and formed a marubozu candlestick.
3. Stochastic slows indicate that the bias still bullish.
4. Traders are advised to take profit at price (1) 99USD or 103 USD.
Syeikh Hafiz
Stock Market Analyst
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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.