IMF_Trading

$AMRN - Textbook bull flag

NASDAQ:AMRN   Amarin Corporation plc
$AMRN

Not much to say other then this is a classic bull flag pattern that has appeared over the past few days.

I would look for price to break out of downward movement most likely eyeing $7.15 to set a buy alert.

$5.50 is a hard stop loss for me as that would indicate something is very wrong. However I did see that they just had a lawsuit settlement which is also bullish for them IMO