Amgen may rise to 329.72 - 375.00

Pivot

278.00

Our preference

Long positions above 278.00 with targets at 329.72 & 375.00 in extension.

Alternative scenario

Below 278.00 look for further downside with 261.00 & 250.00 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

400.00

375.00

329.72

318.15 Last

278.00

261.00

250.00

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