Long
ABMD: Testing earnings support
ABMD offers a potential long opportunity here. Look to go long ABMD close to the key earnings support at 115.98, risk is a drop to 113.68, so size your trade (and use stops) accordingly.
If this support level doesn't hold, we could witness a larger correction, which would constitute an excellent discount to acquire this company's shares for the long term.
Good luck,
Ivan Labrie.
If this support level doesn't hold, we could witness a larger correction, which would constitute an excellent discount to acquire this company's shares for the long term.
Good luck,
Ivan Labrie.
Note
Looks good for now.Note
I took a couple short term longs here, looks good.Note
This one's a hold, but in the short term, if it doesn't hit 128.59 in 2 days or less, it might pull back to support again.Trade closed manually
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Disclaimer
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.
🔒Want to dive deeper? Check out my paid services below🔒
linktr.ee/ivanlabrie
linktr.ee/ivanlabrie
Disclaimer
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.