Abbott Trading Analysis (09/07/2025)
The trend is ascending. The stock is trading within the 365-135 EMA range. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy at the breach of 134.67.
- Stop-loss at 132.70.
- Price targets are 136.80 and 138.80.
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