Long AMRNWeekly:
Flag pattern
Getting high on the curve but expecting price to break thru supply level
Daily:
*Entered on the fakeout, but holding stop below all the support at $16.00 (moving averages)
Moving average are expanding nicely to the upside and the bollinger bands are expanding in opposite directions indicating further momentum.
First target $23.00
Symbol: AMRN
Trade: Long Calls
Strike: $17.00
Expiration: 06/21/19
Cost: $3.40
Contracts: 1x
Total cost = $340.00
Stop Loss: $16.00