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May 31 AMGN has a double bottom on the daily chart with a MACD divergence  The weekly chart is showing a downtrend. This will be a  short term trade. The MACD indicates a target price of $172.  Purchased  some Jun 14th expiration 172.5 calls for 1.58 to  hold for a few days max.

Jun 3: 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.
 

 

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