AbbVie may rise to 182.30 - 185.60

Our pivot point is at 165.9.

Our preference

The upside prevails as long as 165.9 is support.

Alternative scenario

Below 165.9, expect 160.7 and 157.4.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 164.047 and 163.8744).

Supports and resistances

188.7 **

185.6 *

182.3 **

179.2

172.13 (USD-last)

168

165.9 **

160.7 *

157.4 **

Number of asterisks represents the strength of support and resistance levels.