AbbVie may rise to 182.00 - 185.20

Our pivot point is at 164.7.

Our preference

The upside prevails as long as 164.7 is support.

Alternative scenario

Below 164.7, expect 159.1 and 155.9.

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 168.2555 and 164.6394).

Supports and resistances

188.7 **

185.2 *

182 **

178.5

171.52 (USD-last)

166.9

164.7 **

159.1 *

155.9 **

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