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Trading idea for Amgen Inc. (NASDAQ)

09.09.2021

Market Review

#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.

Author: GC
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