Here’s an updated daily & weekly chart on the active AMGN short trade. AMGN had a decent pop yesterday to backtest the recently broken ascending channel which puts this trade slightly underwater. T2 is my current preferred target. Consider a stop somewhat above the recent highs.
For those receiving email post notifications: As I plan to update quite a few trade ideas today, I will suppress the auto-send feature to avoid flooding your inbox with posts on trades that you might not be interested in. My plan is to move through the active short trades in alphabetic order, only focusing on trades that need updating based on where they stand technically (e.g.- close to a profit target, objective add-on or entry level, close to triggering a suggested stop, etc..). Therefore, if you are currently tracking or trading any short positions, you may want to manually check the site throughout the day. I plan to send an email notification of the updated trades later in the day.