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AbbVie (ABBV) Bull Flag Ahead of Earnings

AbbVie (ABBV) Bull Flag Ahead of Earnings

by | Jan 30, 2022 | Chart SetUps

AbbVie (ABBV) strong setup ahead of earnings this week and name showing relative strength throughout the last month. A breakout move above $138.50 has a measured move to $146.50 while the extended target of the rally from the December lows has upside to $160. Shares look ready to run with MACD nearing a bullish cross and RSI has been in a nice bull trend for months.