Trading ideas for AbbVie Inc. (NYSE) 16.10.2020

#ABBV

The general movement is upward. The price pivot zone of 85.20 holds back sellers. The stock is trading in the range of 365 and 135 moving averages. Awesome Oscillator shows a bullish divergence. A breakout of the inclined channel by the formation of an ascending pattern will result in further growth of the stock.

#ABBV rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending pattern 1-2-3 is formed, where wave 1 breaks through the inclined channel of the descending pattern.

Stop Loss: below the price pivot zone of 85.20.

Target: 100.58;