ARTICLE SYNOPSIS...Amgen has sustained a new high.
ARTICLE SYNOPSIS...Amgen (AMGN) has formed a bearish descending triangle pattern on the weekly chart, very similar to the Nasdaq composite, while the daily chart seems to be consolidating. When two time frames support each other, the signal is confirmed.
ARTICLE SYNOPSIS...A price channel, retracement and Elliott count all point to a potential reversal zone for Amgen (AMGN).
ARTICLE SYNOPSIS...Shares of Amgen are trading at the highest levels since early 2007, offering a low-risk covered-call setup for conservative traders.
ARTICLE SYNOPSIS...Amgen surged on big volume but stalled at resistance, and bullish consolidation formed on the intraday chart. The next few days are critical.
ARTICLE SYNOPSIS...Amgen failed to break above an important trendline in September, but the recent support test looks successful and this could foreshadow a breakout.
ARTICLE SYNOPSIS...Sometimes there's a lot more going into a candlestick pattern than just the formation.
ARTICLE SYNOPSIS...After forming an island reversal on high volume, Amgen looks poised to break resistance and head higher.