A stock that nobodyis talking about – Abbvie Inc

A stock that nobodyis talking about – Abbvie Inc

I want to talk about the stock that no one is talking about. A stock that appears to be breaking out and possibly headed for its all-time highs. In the name of that stock is Abby Incorporated.

One thing I like about trading is trying to find stocks that’s no one is talking about. Stocks that are breaking out headed to the all-time highs. Stocks that no one is talking about are the stocks that can each higher levels without receiving all that froth. Stocks like Nio (NIO), Workhorse (WKHS), and Tesla (TSLA) get all the love when it comes to trading. Traders just want to jump right in and buy and expect to make a boat load of money, but highly publicized stocks tend to be more high risk because once the rug is pulled out from underneath, the stock plummets scaring most traders forcing them to sell to protect their profits that was made from when the stock was headed higher.

So enough about the hot stocks that everyone wants to buy, let’s talk about this hot stock that people are yet to buy, and that hot stock is Abbvie, Inc. Ticker symbol ABBV.

Abbv stock is currently breaking out above resistance at $100 and if successful should head towards it’s all-time high of $125.86. Last time it was at its high, the stock broke down and headed all the way down to $62.66. This time things could be different. When Abbvie was trading at its lows, is exactly when the company bought Allergan, global pharmaceutical leader.  Since that purchase, the stock has been trading higher and so far has never looked back. Abbvie also pays a nice divided on 5.16 percent.

I talk about all of this in this video and show you exactly how I think the stock will behave from here.