Conditional Trade Bullish / Bearish Perspective(Summary).... On this chart I have highlighted the key areas of interest that I find important in navigating this stocks price action. I have listed the major support and resistance area. (Pattern Type) Inverse Head and Shoulders / Break Down (Target Price) 122 , 130 (Bull Perspective) In order for this trade to initiate price needs to break and hold 114 notice in the past when price tried to break this level it could not hold and resulted in a head fake so volume on a break and the ability to hold the break to the upside is crucial. (Bear Perspective) If price fails to break this resistance then a short trade may be in the works on signs of break down the first target for the short trade would be the bottom of the green channel then support floor 1. (Overall Market Influence) If the market receives a pull back in the coming days it may inhibit the bullish trade from taking place. by StealthTrader331
Short-set upTargets posted, Weekly10SMA stop. 1/2 @ 98.50 1/4 @ 97.60 (0.382 fib is 1/4 "runner" target.)by 24SevenCharts0
LONGChannel breakout and retest of support BUT I'll wait for the breakout on the wedge before I go LONGLongby KIStrader0
Amgenlong setup , follow up chart bullish flag breakout confirmed , will go LONG Monday , stops under $106Longby flavisam0
AmgenRepost of a chart set up sent through last week. past 3 trading days have formed inside bars. suggests breakout imminent Longby flavisam0
AmgenLong Setup posted yesterday . Spinning top may indicated return to breakout price of $105 Longby flavisam0
Long on Jan 22ndPrice is trapped in every direction. Maybe breaking support? Tight stop below supportLongby KIStrader110
AMGN move to higher trend lineLook for a move up of around $2.20 on stochastics and bounce off of lower trend line.Longby jwensil111