Short

Updated

AMGN down to $194 in 3 - 4 days, SHORT

AMGN down to $194 in 3 - 4 days, SHORT.
Based on previous chart pattern, it looks like this is the setup. MACD is carousing over-down on daily. Every time this happened in the past we had a nice slide down in 3-4 days.

Note

Today was not good for the short position. It looks like it wants to reverse. Watching carefully tomorrow.

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closed she shorts today. may re-enter on a bounce.

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maybe going to $208 and then reenter SHORT again

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looks week enter small short again, looking for $186

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H&S on one hour. down we go

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SHORT, end of 5 wave run.

snapshot

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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.