BUY! ABBOTT LABORATORIES (ABT) NYSE

  Report No. 1170    Analysis by: Harry Aloof     NOVEMBER 29, 2000

ABBOTT LABORATORIES (ABT-NYSE): Technical Viewpoint: From a low of $47.81 on Oct 19, 2000 prices rallied, reaching a high of $51 5/8 on Oct 30, 2000. A decline saw prices pull back, reaching a low of $49.19 on Nov 13, 2000. Another rally saw prices penetrate resistance, closing 11/28/00 at $54 3/4. Technicals: Momentum Index (MTM): A Buy Alert! was given on Nov 28, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $51.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Nov 28, 2000. A P&F upside reversal takes place at $53 1/2. Summary: Technical indicators have turned bullish. BUY! ABBOTT LABORATORIES (ABT-NYSE) @ $55 1/8 Stop: Use a protective stop of $52 1/2. ABBOTT LABORATORIES is currently trading @ $54 3/4 plus $1 3/4 on Nov 28, 2000. Price Objective: $66.00. Risk/Reward: $2 5/8 VS. $10 7/8. Today's Risk Reward Ratio: 4:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$66.00 Risk/Reward:
$2 5/8 VS. $10 7/8 Risk/Reward Ratio:
4:1
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