Put Opportunity (ABT)ABT has been continuously failing to push above a Fibonacci resistance while also showing more signs of bearishness. The greatest of them is the divergence that can be seen from the Squeeze Momentum indicator. If a stock is increasing than the stocks momentum should also increase but for this case, that is not true. Another indication of bearishness is the Willy Oscillator giving a signal to sell, due to the stock being overbought.
Bearish Signals
-Bearish Divergence
-Willy Oscillator
-Fib Resistance