The bearish DailyPlay we chose for Thursday September 3rd is AbbVie Inc. (ABBV). ABBV is part of the Health Care Sector (XLV). Over the last month, XLV has experienced a 10.38% move lower as both trends remain bearish.
AbbVie Inc. remains in a strong bearish trend after recently crossing below its $64.66 support level which now becomes resistance. ABBV looks positioned to continue its negative momentum lower towards $52.