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Amgen price tries to gather positive momentum - Forecast today - 12-06-2024
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Amgen price tries to gather positive momentum - Forecast today - 12-06-2024
Jun 12, 2024 8:00 AM

AMGENs stock price (AMGN) fell in the intraday levels while gathering positive momentum to rise anew, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the pivotal resistance of $329.70, provided the support of $288.60 holds on.

Trend forecast: Likely Bullish

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