Technical analysis by chitowntrader23 about Symbol ABT: Buy recommendation (7/20/2024)

We are continuing in this downward price channel, staying below my typical indicators that would tell me to go long. We are below both the 89 and 34 EMA, so until we can touch those and move beyond with some volume, it doesn't look good for upside. However, sideways action isn't bad either, which could indicate accumulation. Time will tell. I am still long.