Abbott Laboratories

ABT earnings name with interesting after-hour session!

70
ABT is releasing earnings today, news that worth us to keep an eye on it. Volumes during after-hours session are above 500K and there is a beautiful pullback below the 50eMA forming a clean bear flag. We would have preferred an actual gap but in this case we are talking about a top name that could make anyway a move!! After-hours conditions unless price action will start to chop around in pre-market session are nice. Let's see how it will develop, possible 73.85 / 70.53 or just keeping pulling back to the 78? No BIAS just price action. Have a nice trade everyone!!

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