ABBV is now on its 8 consecutive green day. It has become overextended and overbought. Volume has decreased each consecutive day. Previously in chart, there is further resistance at $101. I plan on scaling into this until it cracks or will scrap trade if it continues to go over $101. This can snapback down to the 92 -90 level for 2:1 r/r.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.