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Message Boards Settings Abbott Laboratories (ABT) - Quote Info
Head & shoulders formed     27-Oct-09 10:00 am    
I am an abt owner since 2004 and just sold all of my shares. If you look at the 1yr chart there is a classic head & shoulders forming. The left arm, shoulder and head are in place. The right shoulder is now forming around $50. It should hang around $50 for 7-10 days. The right arm will bottom at $46 shortly after. Good news is there is NO short activity on this stock.
I will buy back in when it bottoms because the stock will recover by the end of the year and top out around $54(IMO).
GLTA, see all the longs in a month.
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mjs030853

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  Subject Author Rating Time of Post (ET)  
 
Head & shoulders formed
mjs030853 (1 Rating) 27-Oct-09 10:00 am  
 
I share your concern, but for a different reason -...
bubba_ga Rate it 29-Oct-09 10:26 am  
 
Very interesting analysis on the bollinger band. O...
mjs030853 Rate it 29-Oct-09 11:07 am  
 
They sold the Selsun Blue brand
boblambs Rate it 2-Nov-09 04:15 pm  
 
Head and Shoulders? I thought we sold Selson Blue
studentofev... Rate it 30-Oct-09 03:45 pm  
 
That you Snug?
pershing839... Rate it 14-Nov-09 02:35 pm  
 
Looks like you were right about closing the month ...
maxschmit77... Rate it 24-Nov-09 03:00 pm  
 
You really have your head in up to your shoulders ...
mlorton1 Rate it 24-Nov-09 06:21 pm  
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Abbott Laboratories (ABT)

Chart for Abbott Laboratories (ABT)
At 4:00PM ET: 53.92 Up 0.58 (1.09%)
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