AMGN down to $194 in 3 - 4 days, SHORT.
Based on previous chart pattern, it looks like this is the setup. MACD is carousing over-down on daily. Every time this happened in the past we had a nice slide down in 3-4 days.
Based on previous chart pattern, it looks like this is the setup. MACD is carousing over-down on daily. Every time this happened in the past we had a nice slide down in 3-4 days.
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Today was not good for the short position. It looks like it wants to reverse. Watching carefully tomorrow.
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closed she shorts today. may re-enter on a bounce.
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maybe going to $208 and then reenter SHORT again
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looks week enter small short again, looking for $186
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H&S on one hour. down we go
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SHORT, end of 5 wave run.