#5 Abbott Laboratories (ABT)

Health care company Abbott Laboratories (ABT) has been in a bull
market for more than 20 years, however you would have to go to its monthly long-term
chart to see that. ABT is still in a correction down (within its own bull market) with just a couple of positive technical signals on the daily chart.

See chart.

Note the CBR buy signal and a recent buy signal from the stochastic. But also note the CBR buy in November 2008, which signaled a trade but did not
change the overall downtrend. Fundamental analysts like ABT, the stock is in a long-term bull market, and S&P has it on their "Power Picks" buy
list. Now may be the time to buy and hope that the near-term technicals catch up later.

To learn more about how to profit using technical analysis, see:

• 10 Tips to Getting Started With Technical
  Analysis
• Chart Your Way to a Lifetime of Profits
• Using the Relative
  Strength Index to Sell at the Right Time