For the past two and a half months, ABBV has been congesting in a tight range only to blip above established resistance.
As the S&P marches on higher, we’re on the lookout for equities that are not participating; or even better, have their own agenda.
ABBV looks like it might be in a class of its own.
I’m not sure I’ve ever seen a minus debt to equity … that’s new. You’re welcome to help me out on that.
Then there’s the headquarters location. Chicago, Illinois. What a wonderful place to work. If I don’t get shot on my way to work, I can always turn on the news to find out which one of my co-workers did.
How can an entity like this attract quality employees?
Price action is languishing and may be at a pivot point. We’re watching to see if the upside breakout holds or fails.
Failure, obviously results in opportunity for the downside
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