I've been following this company for quite some time on the tsx and admire it and what they do and patents they hold.
Anyone have an opinion on them?
Hello and yes i have an opinion stockhunter about ABT !
Strategy : BUY..
Fundamental analysis :
bull of the day for "ZACKs.com". Go to their pages to see what they think about ABT.
Technical analysis :
1. market is bullish (NYSE)
2. clos crosses over ma50 and ma200...
3. Candelstick : whithe candelstick
4. Double bottom on chart
5. Retracement : < 61.8%
6. Divergence between indicators and price
here is my strategy :
buy at 52.90
stop-loss at 50.26 (5,25% of risk...very good < 7%)
target at 62 (theorical target for a double bottom) and with a conservative approach two targets (first at 55.6 and second at 61.97).
good trades and good luck...don't forget the rule of 2% (never expose more than 2% of your capital in ONE trade) ;)