AMG trade ideas
Stock AMGN [NASD] Amgen Inc = Short PositionsThe best entry point to Short Positions = Short-Term / Chart 1 Day
AMGN daily shooter long opportunity!TEVA 20.00 breakout was a huge trade, and I turn to other pharmaceutical names that I like and I find this AMGN trade!
Little risk, nice uptrend, a worth-taking trade for me yo!
Let's see how it goes!
Head And Shoulder Pattern Formation On Amgen?Shares of Amgen may be forming a bearish head and shoulder pattern. In the case the neckline is broken, price could fall within weeks to below $150.00. However we must take into account that Amgen share price is not currently in a bearish trend, but a long bullish one. This is a pattern formation that is being put on watch, in case it breaks. Once the share price approaches the neckline, we may develop a bearish strategy.
Long Amgen, Bullish RSI Divergence $AMGNGoing long December $175 calls in Amgen here today. Seasonally strong stock in December and pull back into long term support with bullish RSI Divergence.
www.omahacharts.com
AMGN22nd Nov - Decent Pullback. DB formed. RSI OverSold - Looking for Calls Options 175 + Jan, Feb, March
Buy AMGNAmgen Ing (AMGN) is on support + an engulfing bullish pattern appeared yesterday (on a daily scale).
$AMGN (NASDAQ) - BuyI don't usually trade biotech, however, AMGEN is looking like a buy to me. Showing rejection from the 200ma with a bullish engulfing bar.
RSI was previously oversold at the 200ma along with the Stoch.
Strong fundamentals. One downgrade from Argus but most ratings still targeting 188-198.
Entry: 175
Stop - 167
TP1 - 188
TP2 - 200
AMGN MAKING MASHED POTATO'SNO. 1 STOCK IN NASDAQ AND IBB, 10K INVESTMENT 30 YEARS AGO WOULD BE WORTH 10 MILLION DOLLARS
lookIing at a chart dating back to 1984 and compared it to the S&P 500 as well as other "mature growth" stocks, including McDonald's, Nike, Home Depot and Apple. Over the time period, Amgen rallied close to 100,000 percent, far outperforming the S&P 500 (INDEX: .SPX)'s 1,373 percent move, McDonald's (NYSE: MCD) nearly 6,000 percent rise, Nike (NYSE: NKE) and Home Depot (NYSE: HD)'s more than 20,000 percent move and Apple (NASDAQ: AAPL)'s 35,163 percent rally. if one had invested $10,000 in Amgen in 1984, it would have returned nearly $10 million.
A $buck 80 is still cheap. $205, now that's expensive!Hello Traders!
Looking at stock charts today Im seeing some familiar corrective wave formations. They're looking like price has a good chance of rising until 205 before it plummets a couple points.
This is more of a buy and hold type of thing until the beginnings of 2018
Risk a Quarter to make a Dollar..
