Technical analysis by chitowntrader23 about Symbol ABT: Buy recommendation (3/1/2024)

As you can see, we technically set a higher low around 2.37 with the wick of the most recent upside hourly candle. It is critical that we break 2.40 within the next 24 hours, otherwise I fear we will lose some of the bulls who are in this for a quick swing trade. For the record, I am long for over a year now, current average is $.26 =) I believe we can see more upside, but we should tread lightly and watch volume for confirmation of price action.IF we head south, 1.76 would be the first level of support, followed by 1.60-1.64 range.