AMGN 50DMA support
Long @ 239 - 50DMA support
Trade active
Sold at break-even end of day. A close below the 50DMA and low of the day is not bullish. Will look for potential re-entry post-earnings if it can reverse and close above the 50DMA.Earnings are here as well adding another layer of risk.
Better to be cautious and miss a trade then be wrong and pay dearly for it on a potential gap down should it miss. No gambling.
Trade closed manually
Trade closed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.