AbbVie Inc.
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ABBV

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ABBV is a very high quality stock. It never missed an earnings estimate. Accordingly, my homebrew stock valuation system gives it pretty high scores quality-wise.

"val2_k": 5,
"val2_q": 8,
"qual2_k": 60,
"qual2_q": 51,
"qual3_k": 59

TA wise, It does seem like ABBV is finishing wave 2 and starts making into 3 of (5) of III. Lots of long term potential for this stock.

Though it seems like wave 2 ended at exactly 50% of wave 1, historically, this stocks has shown that wave 2 can retrace upto 76.4% of wave 1. In short, ABBV can find short term low anywhere from 93 to 98 before mooning.

Long term target for wave (5) of III is estimated at $145. A nice 45% potential.




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