The stock is up nearly 5% Wednesday and on my radar for a breakout Thursday.
With earnings coming up and the stock of Verizon at lows, I think there is a lot more upside than downside at this point.
Traders finally seem to be rejecting the downside of ABT.
WDAY's charts are bullish as the name is up in trading on Wednesday.
The real issue is that they don't know and are just hoping that "inflation is transitory".
While we have the Fed meeting minutes looming, I've got my eyes on the close.
You'd better check these charts out -- over my home-improvement shopping list -- to see how to approach this retailer.
Here's our price target for now.
It's a time to be cautious.
But it should only find a home in a portfolio seeking high potential rewards for taking high risk.