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TheCryptagon
Oct 11, 2023 5:06 PM

AMGEN is exploding upwards Long

Amgen Inc.NASDAQ

Description

Amgen / AMGN is having an incredible price jump on a 1day MACD Buy Cross.

Inside this long term Channel Up pattern, the stock isn't unfamiliar at all with such explosive legs upwards as the same move happened in August 4th/7th/8th.

It is a clear wedge consolidation into aggressive expansion pattern. All supported by the 1day MA50.

It is not too late to buy and target 296.80 (Resistance A).

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