AMGN daily had a nice setup today with respect to the 50-day MA. Often when price gets sandwiched between a couple of key MAs on the daily, it will ping-pong between them. Today AMGN broke down from the 50-day MA and moved toward the 200-day MA with a nice setup on multiple timeframes (15min "h" pattern). RIMM is also currently bouncing between key daily MAs.
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