pugcoin

AMGN Spring Bounce?

NASDAQ:AMGN   AMGEN INC
41 0 0
Although overall long-term trend still bullish , AMGN             currently in a short-term downward trend. Looking to revert to upward trend in the next couple of months. Based on:

1. Falling wedge formation, bullish (continuation pattern) of uptrend
2. Indicators ( RSI ) in oversold territory and looking for breakout
3. Support around 140-145.
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