ABBVIE A -25% correction is the norm at this point.

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ABBVIE A -25% correction is the norm at this point.AbbVie, Inc.BATS:ABBVTradingShotAbbVie Inc. (ABBV) has topped on its historic 13-year Channel Up and since its October 2025 All Time High (ATH), which was a Higher High for the pattern, it has been trading sideways at best. This is a strong indication of a potential long-term correction, the likes of which we've been seeing cyclically since its IPO. Since 2022 we've had two -25% corrections on average, both hitting the 1W MA50 (red trend-line) before bottoming and reversing. Before that we've had ABBV's strongest ever correction in 2018-2019 and in 2015 a -36.50% one, both of which touched at lest the 1M MA50 (blue trend-line). As a result, if we see another -24.65% correction in 2026 from the ATH, expect the price to the 195.00 - 185.00 Target Zone. The first will make contact with the 1W MA150 and the last with the 1M MA50. The 1M RSI Support Zone is an additional buy indicator if hit. --- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡