ABT is showing a classic Falling Wedge. Don't miss the move.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
ABT is showing interesting structural developments at $102.87. The stock is trading at $102.87, up 0.48% on the day. Price action has carved out a classic Double Bottom. This setup is supported by average volume turnover. A potential breakout level is identified at $116.82, targeting $132.76 with support near $108.85 (R:R 2.0).
What is your outlook on ABT?