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Breakdown Likely
Amgen Breakdown Likely
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.
AUTHOR: Ashwani GujralDATE: MAY 2004
AUTHOR: Donald W. Pendergast, Jr.DATE: JUN 2013