ABT is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
A clear signal has emerged for Abbott Laboratories (ABT) on the daily chart. Price has moved to $103.06 (2.29%) amidst recent volatility. Algorithmically, a Ascending Triangle structure has completed. The trend indicator is reading 31.5/100, suggesting moderate momentum. A potential breakout level is identified at $104.18, targeting $121.9 with support near $87.64 (R:R 1.07).
What is your outlook on ABT?