Technical analysis by chitowntrader23 about Symbol ABT: Buy recommendation (8/26/2024)

The 34 EMA (yellow line) has proven to be a very effective indicator for when we see bullish opportunties with ABT. As you can you see we have been respecting a Bearish channel for quite sometime, with a recent break out from the channel and attemps to change course. Time will tell.....Truth be told, I got shook out of about half position due to stop loss/s set (as to ensure profit taking on the way down). I did not see quite the recovery happening this quickly, so if we continue to climb, I will be salty, while also happy =)