AbbVie may rise to 201.20 - 205.90

176.8 is our pivot point.

Our preference

The upside prevails as long as 176.8 is support.

Alternative scenario

Below 176.8, expect 169.5 and 164.9.

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 172.7465 and 168.5138). Finally, AbbVie has crossed above its upper daily Bollinger band (185.99).

Supports and resistances

210.4 **

205.9 *

201.2 **

196.7

186.78 (USD-last)

179.7

176.8 **

169.5 *

164.9 **

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