I’m writing this one directly into the blog, and with any hope it will go up before market open today. Let’s what we have on dee plate.
AMGN
Notes from late last week: “Stoch sell. MACD still strong. I think this guy is recharging.”
I’ve since changed my theory from “recharging” to “dropping”. It’s looking bleak for this guy short term. 30DMA is providing resistance and Stoch and MACD are signaling sell. Lots and lots of support at $52. And although it’s well below my MOS of $65, I sold my 60 share …

Below are my notes from yesterday, which I wrote before the open. I realize that I should be a bit quicker about putting these online because (1) they are sometimes timely and people might find them useful and (2) if I make a great prediction it will be easier to believe if I posted my notes before that prediction came true. Still, maybe I don’t want people trading on this advice (be warned!).
I don’t know exactly why I’m doing this. I just feel I have already written the notes, …

I thought I would share my watch list notes again. Here’s what I wrote out this morning before the market opened. It was a really tough day out there, so I’m going to have to re-evaluate a bunch tomorrow. Hopefully this is helpful to you guys.
AMGN
No sell signals. Test of 30DMA coming up. Let’s bust through it. Support rising at $55.
SOOOO much support in the $50-$55 range. Could trade sideways until the 30DMA catches down. Looks like some great risk-reward over 1-2years though. Stoch buy, RSI buy, MACD almost a …