AMPH Short-Term Short, Long-Term Long
Neutral Swing
- Short from 15 to 13.80-14.00 support zone.
- If 13.80-14.00 support is held, take profits and long to 16.50 price target.
- If 13.80-14.00 support is broken, maintain/add to your short position, cover at 12.50 price target.
Bullish Swing
- Buy at ~13 if support is held.
- Sell at ~16.
Do your due diligence.
Trade biotech/pharma with no fundamentals = get burnt.
AMPH
is mostly generics, no IP protection, watch for competition.
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