Amgen may rise to 356.00 - 362.00

326 is our pivot point.

Our preference

The upside prevails as long as 326 is support.

Alternative scenario

Below 326, expect 317 and 311.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 324.732 and 314.4642).

Supports and resistances

367 **

362 *

356 **

350

334.85 (USD-last)

330

326 **

317 *

311 **

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