Amgen

[flea]

You can see in the chart, the sell off in Amgen, not untypical of the entire Biotech sector, has been nothing short of vicious, but is there light at the end of the tunnel? Todays long-legged Doji is suggestive of at least a short term rally tomorrow and maybe more? We shall see

 

[Bill G]

With the indecision doji I would now expect a price rise on decreased volume,one time when this is normal.

 

[flea]

Update

So far so good, up $2.61 today and on reasonable volume.

A good sign for tomorrow but we've seen these rallys reverse before.