לונג

cup and handle on AMAG

Here is what I think is happening.

AMAG is in a cup and handle pattern, with the initial handle under formation.

תמונת-בזק

1. Its currently short term over sold.
2. gradual reduction in volume over the last few days since the rebound, though I would like the volume drop further.
3. price might be in the range between 24-25, if the bullish trend continues..

- cheers
Scorp
Chart PatternsTechnical IndicatorsTrend Analysis

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