Just because Amarin BIO is up so much don't be scared of, options traders are betting on much higher gains to come, we tend to agree as the chart is setting up extremely bullish with they Price, RSI and Momentum indicator are all approaching the apex/top of ascending triangles. A breakout could come at any time in a stock surrounded with rumour and speculation. It...
After breaking to higher ground in 1Q19 and subsequently drifting back down to its original break-out level in the upper teen's, the shares of AMARIN CORP NASDAQ: AMRN are once again starting to show signs of potentially setting-up for another attempt at loftier levels as evidenced in the Daily chart above.
While AMRN presently finds itself in drift mode...
Highly unusual options activity was spotted in the stock of NASDAQ:AMRN on fridays which in turn coincides with a upcoming FDA hearing scheduled for friday the 31st may. The FDA is holding a public hearing on May 31 to discuss potential regulation for cannabis products.
The chart of amrn is also setting bullish pre the event, as buyers have returned after the...
I think we are now completing the C wave down before we go up for the fifth wave up to complete the impulse wave. However, no matter how hard I look I cannot see a five wave pattern in the C wave being completed to go in for a long. It seems that now we have the three waves and there should be another wave down if its gonna be a classic ABC, setting for a long. If...
Weekly:
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:...
