Amgen Inc.
Long

AMGN - To see a new high

69
=======
Volume
=======
- neutral

==========
Price Action
==========
- rounding bottom recently
- Ascending triangle noticed

=================
Technical Indicators
=================
- Ichimoku
>>> price above cloud
>>> Green kumo budding
>>> Tenken [Conv] - above clouds and pointing up
>>> Chiku [lagging] - within clouds and pointing up slightly
>>> Kijun [Base] - Above clouds and pointing up

=========
Oscillators
=========
- MACD still bullish
- DMI neutral
- StochRSI, still bullish

=========
Conclusion
=========
- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.

=========
Positions
=========

Entry - $298
Entry 2 - $286

Stop - $268

Exit 1 - $315
Exit 2 - $354
Exit 3 - $385
Exit 4 - $419
Exit 5 - $470

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.