AbbVie may rise to 180.60 - 184.00

Our pivot point stands at 162.8.

Our preference

As long as 162.8 is support look for 180.6.

Alternative scenario

Below 162.8, expect 157.3 and 154.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 168.9995 and 164.9456).

Supports and resistances

187.4 **

184 *

180.6 **

177.2

169.91 (USD-last)

165.2

162.8 **

157.3 *

154 **

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