kennzo

AMPH: Bullish move ahead

Long
NASDAQ:AMPH   Amphastar Pharmaceuticals, Inc
Amphastar Pharmaceuticals, Inc. is a specialty pharmaceutical company. It focuses primarily on developing, manufacturing, marketing, and selling generic and proprietary injectable and inhalation products. The company products include Enoxaparin Sodium Injection; Amphadase; Cortrosyn for Injection; and prefilled disposable emergency syringes for crash cart use. Amphastar Pharmaceuticals, Inc. is headquartered in Rancho Cucamonga, California.

Technical Analysis:
OBV - uptrend
Heiken Ashi - Bullish signal

Expectation to the first point of resistance (Target 1)
Potential for continuation once resistance is broken.

Take profits would be set below the resistance level at 20, and stop-loss at just below the upward trend of 18.80.