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Is ABBV coiling for a breakout? NR7 shows up after advancing 0.85%
ABBV closed up 0.85% on Monday, August 10th, with volume running 0.7× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 245.33, 242.69 & 241.35, with resistance at 249.31, 250.65 & 253.29. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of ABBV: C
There’s more where that came from. See all of today’s signals for ABBV here.
Read full article here »