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Amgen Inc.: On the crossroad...

NASDAQ:AMGN   Amgen Inc.
Amgen Inc closed in the green last week. Though, the patterns suggest that the trend is still bearish, unless the equity breaches 157.85. If it does so, it will have 163.31 as an objective.

If Amgen Inc. cut through 150.56, the equity will remain in a bearish market with 139.67 as an objective, Its primary objective will be 145.96.

The equity's weekly Pivot Point is around 153.51. Its weekly support levels 150.26 and 147.31. Its weekly resistance levels are around 156.46 and 159.71.
Penafian

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