Trading (AMGN) With Integrated Risk Controls

March 06, 2025, 20:42 pm ET, BY Bill T.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for AMGN

• Buy AMGN near 295.95 target 326.72 stop loss @ 295.1 Details

The technical summary data tells us to buy AMGN near 295.95 with an upside target of 326.72. This data also tells us to set a stop loss @ 295.1 to protect against excessive loss in case the stock begins to move against the trade. 295.95 is the first level of support below 317.82 , and by rule, any test of support is a buy signal. In this case, support 295.95 is being tested, a buy signal would exist.

• Short AMGN slightly under 326.72, target 295.95, stop loss @ 327.66 Details

The technical summary data is suggesting a short of AMGN as it gets near 326.72 with a downside target of 295.95. We should have a stop loss in place at 327.66though. 326.72 is the first level of resistance above 317.82, and by rule, any test of resistance is a short signal. In this case, if resistance 326.72 is being tested, a short signal would exist.

Swing Trading Plans for AMGN

• Buy AMGN slightly over 323.61, target 326.72, Stop Loss @ 322.68 Details

If 323.61 begins to break higher, the technical summary data tells us to buy AMGN just slightly over 323.61, with an upside target of 326.72. The data also tells us to set a stop loss @ 322.68 in case the stock turns against the trade. 323.61 is the first level of resistance above 317.82, and by rule, any break above resistance is a buy signal. In this case, 323.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AMGN slightly near 323.61, target 312.53, Stop Loss @ 324.54. Details

The technical summary data is suggesting a short of AMGN if it tests 323.61 with a downside target of 312.53. We should have a stop loss in place at 324.54 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 323.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for AMGN

• Buy AMGN slightly over 321.38, target 323.61, Stop Loss @ 320.63 Details

If 321.38 begins to break higher, the technical summary data tells us to buy AMGN just slightly over 321.38, with an upside target of 323.61. The data also tells us to set a stop loss @ 320.63 in case the stock turns against the trade. 321.38 is the first level of resistance above 317.82, and by rule, any break above resistance is a buy signal. In this case, 321.38, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short AMGN slightly near 321.38, target 316.18, Stop Loss @ 322.13. Details

The technical summary data is suggesting a short of AMGN if it tests 321.38 with a downside target of 316.18. We should have a stop loss in place at 322.13 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 321.38, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Amgen Inc. (AMGN) available here: AMGN.

AMGN Ratings for March 06:

Term →	Near	Mid	Long
Rating	Strong	Strong	Neutral
P1	0	0	265.88
P2	316.18	312.53	295.95
P3	321.38	323.61	326.72

AI Generated Signals for AMGN

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