Keep Amgen on your radar. It has formed a rather large cup and I've measured the conservative parameters for the cup height.
Conservative price target:
280
No position yet but I'll be watching the daily candles and volume to snipe the entry when it reverses.
Stay tuned!
Conservative price target:
280
No position yet but I'll be watching the daily candles and volume to snipe the entry when it reverses.
Stay tuned!
Commentaire:
*Conservative price target: 280USD
Commentaire:
No position yet. Indecisive price action. Good hammer candle on Friday but could be setting up a bear flag with the large red candle from Thursday as the flag pole.
Patiently waiting.
Patiently waiting.
Transaction en cours:
Long @ 239! 1/2 position. Just at the 50DMA
Commentaire:
Trade fermée manuellement:
Sold at break-even end of day. A close below the 50DMA and low of the day is not bullish. Will look for potential re-entry post-earnings if it can reverse and close above the 50DMA.
Earnings are here as well adding another layer of risk.
Better to be cautious and miss a trade then be wrong and pay dearly for it on a potential gap down should it miss. No gambling.
Earnings are here as well adding another layer of risk.
Better to be cautious and miss a trade then be wrong and pay dearly for it on a potential gap down should it miss. No gambling.
Transaction en cours:
Re-bought 1/2 position @ 236 just now!
Transaction en cours:
Sold half @ 240.15 so 1/4 of max remaining.
Commentaire:
Rebought 1/4 position @ 233
Holding 1/2 position @ 234.5
Holding 1/2 position @ 234.5
Commentaire:
Added 1/2 @ 230.
Max position! 232.25 Avg
Max position! 232.25 Avg
Commentaire:
Added 230 ATM puts on the whole position to hedge. Close below 230 opens up the door for low 220s (potentially).