abt - abbott labsbeing long the abt from 38.5 calls, which is the yearly pivot I expected resistance from the YP and a move upwards, which seems to be taking place. target is 42 area. 1.10.17 (m/d/y) high was 41.62!!
ABT
ABT aggressive resistanceABT as a more aggressive Weekly resistance play to hedge against market going bearish in ABT's time til earnings
Abbot Labsblack line:
simply ab=cd pattern
red line:
difficult to trade!!!
important is 37,61.
if the level triggered is ur take profit at 43,7
look there for a reversal!
green line:
difficult to trade but best crv!!!
important is also 37,61 and 36,1 but not 35,28
AND
if the level triggered above 43,7 is it going up to new higher highs
how to trade?
look for a gap or look at a nr7 bar at a smaller timeframe
Stopp Loss beyond 35,2 - moneymanagement is yours!
have fun
MNTR is getting ready to RumbleShowing strong weekly support. Looking for a run to at least $1.50 $AZN $ABT $GRUB $ODFL $ANH $GRPN $LECO $RAD $MAR $ETFC $AAPL $CQP $TVPT $ARCO $SWFT $REN
