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AbbVie: double bottom and fresh buy signal in week one

AbbVie prints a fresh buy signal backed by a daily double bottom. IQS Phase at 51 out of 100, signal strength at 54 out of 100, 6th among 13 fresh US Longs. Cautious entry at the open of week two.

In Summary
AbbVie opens a fresh buy signal supported by a daily double bottom pattern. The IQS Phase stands at 51 out of 100 in ordinary mode, signal strength at 54 out of 100: a balanced starting point, not an acceleration. The Health Care sector (XLV) is in a positive regime. Entry is indicated at the open of week two, with a cautious sizing approach.
Fresh BUY ·1st week from start ·US stocks ·T1
IQS Phase
51
ordinary
Signal Strength
54
medium
Sizing
STANDARD
Ranking
#6 / 13
New us stocks
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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