JLJ002500

AMGN - Watch - Potential 10%+ Swing

NASDAQ:AMGN   Amgen Inc.

Potential swing trade developing. Strong bearish price action currently. Look for bullish price action off of support. Favorable risk/reward trade with plenty of room to the upside.

Fundamentally, this is a good stock with solid fundamentals. Although i would exit the trade between $162-164, as far as an investment, I believe valuations should be much closer to $175.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.