AMGN in the rising channel

By vf_investment
On this chart the price is in a clear rising channel: lower band is acting as support and upper band is acting as resistance. At this time the price is going down, but it's still in the mid of the range. So the best thing to do is to wait for the price to hit the support in order to enter a long position.

Target/take profit is displayed on the chart (295,87)
amgenamgenanalysisAMGNChart PatternsHarmonic PatternsTechnical Indicatorslongposition
vf_investment
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