AbbVie may rise to 204.10 - 209.20

Our pivot point stands at 176.8.

Our preference

The upside prevails as long as 176.8 is support.

Alternative scenario

Below 176.8, expect 168.8 and 163.8.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 177.002 and 170.417).

Supports and resistances

214.1 **

209.2 *

204.1 **

199.1

184.36 (USD-last)

179.9

176.8 **

168.8 *

163.8 **

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