$AMGN
Massive inverse head and shoulders if you look at the bigger picture.
Monster of a biotech company so would consider this a high risk, high reward play especially with options.
Its been beaten down after multiple attempts of breaking out.
Play it safe:
Buy after 244 (confirm IHS breakout) & stop loss @ 240
Take on risk:
Limit buy: $237
Limit sell: 260
Stop loss: $224
Massive inverse head and shoulders if you look at the bigger picture.
Monster of a biotech company so would consider this a high risk, high reward play especially with options.
Its been beaten down after multiple attempts of breaking out.
Play it safe:
Buy after 244 (confirm IHS breakout) & stop loss @ 240
Take on risk:
Limit buy: $237
Limit sell: 260
Stop loss: $224