ABT supporting a nice cup and handle pattern at 49.14. Look for a break of resistance before taking a long position in this one. Use the 150 day moving average (green line) as a good stop-loss point.
ADBE putting in a bottom here with a small saucer forming. Look for a break of 33.24 before taking a long position. Be quick to take profits in this one since you have a lot of overhead resistance coming in. Gap will be filled at 33.52 and the 50 day moving average (orange line) is at 33.62, so use them as price targets. Use a stop-loss under the breakout day’s lows.
