ABBV more probable to go down first before reaching ATH
This idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can a distribution ranges following schematic 2 for Wyckoff's distribution.
If we take count the ranges separately, this yields a potential reversal zone between 118.50 and 94.50 dollar per share.
Personally I am intend to buy if price reached 106.50 (mid point)
All other information is on the chart.
Good luck,
NQDecipher
If we take count the ranges separately, this yields a potential reversal zone between 118.50 and 94.50 dollar per share.
Personally I am intend to buy if price reached 106.50 (mid point)
All other information is on the chart.
Good luck,
NQDecipher
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