AMGN
Diamond top pattern on weekly with negative divergences in both the RSI and MACD indicate downward future direction.
Based on height of overall pattern, pattern target is near $100. Should a break upward occur (not likely based on RSI and MACD), pattern target would be approximately $210. See Bulkowski
High volume nodes and POC labeled.
Diamond top pattern on weekly with negative divergences in both the RSI and MACD indicate downward future direction.
Based on height of overall pattern, pattern target is near $100. Should a break upward occur (not likely based on RSI and MACD), pattern target would be approximately $210. See Bulkowski
High volume nodes and POC labeled.