This post was originally published on this site
https://d1-invdn-com.investing.com/content/pic97194dc9d2776dcd3918bbf49f811243.png
Take a look at the 1-year chart of AbbVie (ABBV) below with my added notations:
Over the past few months, ABBV has stalled at $118 as resistance (red) multiple times, while also forming a possible trendline of support (green). Together, these two lines have created an ascending triangle pattern.
