Trading idea for Amgen Inc. (NASDAQ)
#AMGN
The overall trend is upward. The bears tested the support level of 219.40. Awesome Oscillator shows a bullish divergence, and Stochastic Oscillator indicator signals oversold conditions.
Trading idea:
Buy when an ascending wave pattern is formed, where wave (A) breaks through the price pivot of 227.10.
Stop Loss under the support level of 219.40.
Target levels: 244.00; 258.50.
