Abbott Laboratories: decline holds, but momentum is fading

Abbott Laboratories is at week 13 of a sell signal, with the trade +16% from inception. The latest week closed nearly flat (+0.3%), but seller dominance held at 82% and distribution remained firmly in place. The technical picture is mixed: momentum is recovering from late-May lows, but the most recent candlestick shows extreme seller dominance and a strong distribution phase — 4 out of 11 price action components flagging caution.