$ABBV — WEDGE BREAK ON A VOLUME EXPLOSION

Wait 5 sec.

$ABBV — WEDGE BREAK ON A VOLUME EXPLOSION AbbVie, Inc.BATS:ABBVCEO_of_WaverVanir_Int_LLC📊 ABBV — WEDGE BREAK ON A VOLUME EXPLOSION | 1W Weekly close $253.35, +𝟭𝟳% on the week. This is a structural break, not a drift. 💥 THE VOLUME TELL 𝟴𝟳.𝟱𝗠 shares — the largest volume bar on the entire chart, by a wide margin. A breakout this size on volume this heavy is the confirmation you want. Wedge breaks that fail usually fail on weak volume. This one didn't. 🔓 THE BREAK Price broke clean out of the descending consolidation wedge (converging trendlines off the Oct-2025 $239 high). The candle cleared: ▪ the wedge upper rail ▪ the CHoCH ▪ the Weak High (~$253) ▪ into PREMIUM (above the 1.236 fib / $258 zone) 🪞 Structure flipped. Equilibrium reclaimed, premium entered, momentum confirming. 📐 THE MEASURED MOVE Wedge height ≈ $50 (range low ~$188 → high ~$239). Projected from the ~$253 breakout → ~$𝟯𝟬𝟯. The kicker: that lines up almost exactly with the 𝟭.𝟳𝟴𝟲 fib ($303.11) AND your $302.98 horizontal. Measured move + fib extension agree = the target isn't arbitrary. That's the confluence that matters. 📈 THE PATH ▪ Next resistance: 1.236 $258 → 1.382 $270 → 1.5 $280 → 1.618 $289 → 𝗧𝗔𝗥𝗚𝗘𝗧 1.786 $303 ▪ RSI 67, rising, crossed its signal — momentum behind it, NOT yet overbought (sub-70 leaves room) 🪞 Clean ladder of fib resistance into $303. Each level is a checkpoint, not a wall — but watch $258 (premium entry) for the first pause. 🛡 INVALIDATION A weekly close back INSIDE the wedge / below the breakout (~$240, the prior range high) negates it. That's the line — below it, the break failed and it's a fakeout retest. 🪞 THE READ This is a textbook setup: multi-month wedge, explosive volume break, measured move and fib extension agreeing on ~$303, RSI confirming with room left. The volume is what separates this from a fade — 87M doesn't show up on noise. I want to see it HOLD above the breakout (~$240) on any pullback; a retest that holds is the highest-quality entry. Don't chase the +17% candle extended — let it confirm the breakout as support, then ride the ladder to $303. ⚔ Volume confirmed the break. Measured move = $303. Let it