Abbott Laboratories (ABT - NYSE) has completed impulse wave up and then correcting in WXY or it may be in 3rd wave up, as it’s strong & all time high stock of NYSE. In both the case the temporary direction of trade will be up as shown in chart until price holds the invalidation level shown in 30 min chart. In weekly it’s within 5th wave of 3rd wave up, which was V shaped reversal in Corona crisis, so possibly it goes further up as the market direction also bullish these days.