NASDAQ:AMPH AMPHASTAR PHARMACEUTICALS INC
- Short from 15 to 13.80-14.00 .
- If 13.80-14.00 support is held, take profits and long to 16.50 price target.
- If 13.80-14.00 support is broken, maintain/add to your short position, cover at 12.50 price target.
- Buy at ~13 if support is held.
- Sell at ~16.
Do your due diligence.
Trade biotech/pharma with no fundamentals = get burnt.
NASDAQ:AMPH is mostly generics, no IP protection, watch for competition.