$AMGN - High risk high reward

AMGN

Massive inverse head and shoulders if you look at the bigger picture.

Monster of a biotech company so would consider this a high risk, high reward play especially with options.

Its been beaten down after multiple attempts of breaking out.

Play it safe:

Buy after 244 (confirm IHS breakout) & stop loss @ 240

Take on risk:

Limit buy: $237
Limit sell: 260
Stop loss: $224