AMRN Bullish. AMRN fell because of SPY drop but recovering wellAMRN is Bullish. AMRN fell because of SPY drop but recovering well. Even on day where the SPY is consolidating. The trend is strong and it is above the Ichimoku Cloud, RSI is bullish
−0.1454USD
−59.34 MUSD
308.10 MUSD
407.25 M
About Amarin Corporation plc
Sector
CEO
Patrick Holt
Headquarters
Dublin
Website
Employees (FY)
275
Founded
1989
ISIN
US0231112063
FIGI
BBG000BPYG99
Amarin Corp. Plc is a pharmaceutical company, which focuses on the commercialization and development of therapeutics for cardiovascular health. It focuses on the development and commercialization of Vascepa capsules. The company was founded by Geoffrey William Guy on March 1, 1989 and is headquartered in Dublin, Ireland.
Amarin Corporation: A Hidden GemGood afternoon.
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Summary
Technical analysis
On the chart, we can see the imminent completion of
AMRN **ON HIGH ALERT** Beat EPS recently. Clearly taking a long recovery from COVID. Amazing positioning if it can hold. Even if it breaks down below I would be setting up 2-3 alerts on this one.
AMARIN - Time to average a bit in short termAmarin has fallen off the cliff recent days based on the court case news. It was on the verge of a breakout before it fell. I think by end of next week, it is still likely to hit 5.3. So maybe still some gain to be done short term or atleast average out longer terms
#AMRN quick 5th wave short today!#AMRN quick 5th wave move short on a 15 min time frame. #BITS indicator confirmed entry with stochastic crossover at the 4th wave point and retest of the 6/4 moving average line. $1.60 move on a $6 stock is a pretty darn good move!
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