terminaltraders

AMGN Setup for Long Call

Long
NASDAQ:AMGN   Amgen Inc.
AMGN Day Setup for Long Call:
1- Current trend is bullish
2- Trend line is respected many times
3- currently the price has touched the trendline to make its HL and moving up to make HH
4- next support is at 229
5- next resistance is at 256
6- RSI is oversold at 1D view

Entry: 245
SL: 228
TP: 285
RRR: 1:2.5

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