AllllSevens
Stock-Market Research, Institutional Trading & Market Inefficiencies
Amgen is a large-cap healthcare pick for its pipeline, which holds interesting developments, and an upgrade cycle that is starting. x.comÂ
Moderna, biotech stocks, AbbVie and Amgen have bullish chart setups. Their daily charts are in uptrends, with the latest strong bullish candles confirming momentum alongside steady, strong whale accumulation. x.comÂ
Amgen's run as a safety trade is near the point where it typically rolls over. Such trades usually work until the stock reaches 16-17x earnings, and Amgen is now close to that level. x.comÂ
Biotech looks like a sector that wants to trend higher. Biotech M&A drove a heavy-volume weekly move to the top of a multi-month range; it just needs some help from the macro environment. x.comÂ