Amgen may rise to 358.00 - 363.00

326 is our pivot point.

Our preference

As long as 326 is support look for 358.

Alternative scenario

Below 326, expect 317 and 311.

Comment

The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 329.241 and 315.9246).

Supports and resistances

369 **

363 *

358 **

352

335.53 (USD-last)

330

326 **

317 *

311 **

Number of asterisks represents the strength of support and resistance levels.