BUY! AMGEN INC (AMGN) Amex

  Report No. 2365    Analysis by: Harry Aloof     MARCH 22, 2010

AMGEN INC (AMGN-Amex): Technical Viewpoint: From a low of $55.55 on Jan 25, 2010 prices rallied, reaching a high of $59.42 on Feb 3, 2010. A decline saw prices pull back, reaching a low of $55.78 on Feb 25, 2010. Another rally saw prices penetrate resistance, closing 3/19/10 at $60.00. Technicals: MACD Index (MACD): A Buy Alert! was given on Mar 9, 2010 when the solid line crossed the dotted line to the upside. Support: Remains at $56.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 19, 2010. A P&F upside reversal takes place at $57.00. Summary: Technical indicators have turned bullish. BUY! AMGEN INC (AMGN-Amex) @ $60.25 Stop: Use a protective stop of $57.75. AMGEN INC is currently trading @ $60.00 plus $1.69 on Mar 19, 2010. Price Objective: $69.00. Risk/Reward: $2.50 VS. $8.75. Today's Risk Reward Ratio: 4:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

View full size chart
Price Objective:
$69.00 Risk/Reward:
$2.50 VS. $8.75 Risk/Reward Ratio:
4:1
5 Most Recent Reports
  Posted on: Jul 29, 2021  Tesla Inc (TSLA-Nasdaq)
  Posted on: Jul 11, 2021  Peabody Energy (BTU-NYSE)
  Posted on: Jul 8, 2021  Modine Manufacturing (MOD-NYSE)
  Posted on: Jul 8, 2021  NCR Corp (NCR-NYSE)
  Posted on: Jun 24, 2021  Live Person (LPSN-Nasdaq)

View All Archives

Trailer
Website Design and Development by Webelancer.com