Short AMGN on the open. Judging from the pre-market trading, AMGN was weak and would continue to fall. Keying off of last night's AMGN posting, AMGN briefly observed support in the $74.50 area midday before proceeding lower in the afternoon. I covered in the mid afternoon when the market went through a stabilization period.
Monday, March 06, 2006
Trade of the Day - AMGN
Short AMGN on the open. Judging from the pre-market trading, AMGN was weak and would continue to fall. Keying off of last night's AMGN posting, AMGN briefly observed support in the $74.50 area midday before proceeding lower in the afternoon. I covered in the mid afternoon when the market went through a stabilization period.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment