ABBV - Are you Ready?

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈ABBV has been in a correction phase and it is currently approaching the lower bound of the red and blue channels.

Moreover, the green zone is a strong round number $150 and structure!

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of structure and lower trendlines acting as non-horizontal support.

📚 As per my trading style:
As #ABBV approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich