lauralea

Maybe Not the Best time to go Short/Rectangle

lauralea Updated   
NASDAQ:AMGN   Amgen Inc.
Price is below the Bands.

Rectangle and price hit the bottom trendline and it shot up a bit for now

If it breaks down, targets in orange type below the rectangle structure.

No recommendation.

This pattern is neutral until a trendline is broken.
Probably will be broken, just not today perhaps
Comment:
Our market just smells like a bear right now
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.