It looks we missed last 8% move, and this bottom triangle now gives us the conviction to change our mind of waiting lower entry, but this seems to us a very bullish. Volume is higher than average three months, weekly chart shows bottom posted. With target price of $14-$14.50 and stop loss at recent swing low$10.50, we will go long Friday.
AMRN: Our plan for next week: Next week we will start thinking that long picture is: we are,currently, on a minute wave 3 of a minor wave 3 of a intermediate wave c of a cycle wave 2, down, so we are on a bear mood on the long term. On the middle term we are, currently, on a minute wave 3 of a minor wave 3,down, so we are on a bear market on the middle term. On...
Noted end July that we are heading single digit but many did not believe that was coming. Now, $9.10-$9.50 is my long entry.