ABT

[stockhunter]

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?

[sebfr]

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)