AMGN daily double bottom and MACD divergence

31 May 2019

AMGN has a small daily double bottom and MACD divergence so with the weekly chart still strong down this would be a short term trade. MACD seems to indicate price sb about $172, so bought some Jun 14th expiration 172.5 calls for 1.58. Probably hold for a few days max.

3 Haz 2019

Not

Amgn went stellar right out of the gate met some resistance at $174 so we cashed in the calls at $4.25 thats more than doubled my money