Jul. 7 at 11:51 PM
$ABBV
The trend has been relentless, with buyers continuing to defend every pullback and push price higher. That said, when a stock gets this extended near highs, caution becomes part of the plan - strong moves can still require a reset.
For now, the structure remains healthy and the trend is intact.
The key level I’m watching is ~
$244. A break below that could signal a deeper retracement and a shift in short-term momentum.
Until then, the trend stays in control - but risk management matters most when everyone starts chasing strength.
