ABBOTT LABS stock analysis done on 22nd June 2015, Monday.
ABBOTT Labs stock indicates that it is moving up from 100 DMA this will favor bulls as long as it holds above.
But now stock is finding strong trend line resistance at higher levels once it closes and holds above then further price rise can be seen in this stock.
Even its major trend indicators are turned positive this indicates further price rise action can be seen in coming days.
Nasdaq Composite Update - 17- 03 -16
Market Close Report: NASDAQ Composite index closes at 4,774.99 up 11.02 points.
Thursday's session closes with the NASDAQ Composite Index at 4,774.99. The total shares traded for the NASDAQ was over 1.85 billion.
Advancers stocks led declining by 2.17 to 1 ratio. There were 1954 advancers and 901 decliners for the day. On the NASDAQ Stock Exchange 42 stocks reached a 52 week high and 30 reaching lows.
The NASDAQ 100 index closed down -.09% for the day; a total of -3.94 points. The current value is 4,400.26.
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