Home About the company Daily reviews Abbott Laboratories Trading Analysis (20/09/2023)

Abbott Laboratories Trading Analysis (20/09/2023)

20.09.2023

Market Review

The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state.
 

Abbott Labs price chart as of 20/09/2023 with technical indicators

Trading analysis:

Buy at the formation of the uptrend wave structure, where the A-wave breaches the sloping channel of the descending truncated structure.

Stop-Loss: 99.68.

Target price channels: 105.00, 112.50.

#abbott #stock #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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