CFD Trading – Buy Abbott Laboratories (ABT.NYS) @$125.00. Stop @ $120.05 and Target @ $138.50.

Abbott Laboratories Stock Code ABT.NYS


Price broke above the cloud in the previous trading session, changing the outlook of this stock from bearish to bullish. The creation of a Runaway gap is hinting of a continuation of this rally. A V-shaped Ichimoku breakout is hinting of a rally to $138.60.  Conversion line and Base line had a bullish crossover and is hinting of a bullish price trend ahead. Lagging Span is at price of 26 days ago but is above the cloud at the moment.  MACD is bearish but has a bullish crossover. If price is able to stay above the cloud, it could be heading towards the Ichimoku V-shaped price projection at $138.60.


$125.20              Buy

$138.50              Price Target

$120.05              Risk Management Stop

3 weeks              Trade Duration

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