AMPHASTAR PHARMACEUTICALS INC

NASDAQ

AMPH

AMPH: amphastar pharma 2018-05-14 06:00:06 Detected possible FDA approval

Little late on this one but... I like how its relatively strong against the market and what volume is suggesting...fingers crossed

Trading from the day open with target at 21.64 with stop loss at 18.03

Neutral Swing Short from 15 to 13.80-14.00 support zone. 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. Bullish Swing Buy at ~13 if support is held. Sell at ~16. Do your due diligence. Trade biotech/pharma with no fundamentals...

Looks coiled up.

AMPH in Day time frame is following the weinstein steps. we are in Step 1 , time to enter for a long run until entering step3.