This could make you $100,000 or more over the next 12 months…

On July 27 at 7 p.m. ET, Eric Fry and Louis Navellier will reveal a new Supercycle that’s about to grip the markets and how you can leverage this event to potentially make $100,000 or more.

Tue, July 27 at 7:00PM ET
 
 
 
 

Amgen Getting Its Groove Back

Amgen (NASDAQ:AMGN) — This independent biotech company has been a leader in the development of genetically based research and treatment for cancer, anemia, rheumatoid arthritis and a host of other major illnesses.

The stock jumped on Friday when Goldman Sachs removed it from its “sell” list and moved it to “neutral,” based on the retirement of its CEO and head of research. S&P has a “four-star buy” on Amgen.

Technically Friday’s action broke AMGN from the first-stage, cup-and-handle base. Buy on a breakout of its former high at $61.50 or a pullback to Thursday’s high at $59.06, the bottom of a breakaway gap. The target for AMGN is $68 to $70.

Trade of the Day – Amgen (NASDAQ:AMGN)
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Trade of the Day Chart Key


Article printed from InvestorPlace Media, https://investorplace.com/2011/12/amgen-getting-its-groove-back/.

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