Amarin Corp Plc (AMRN)

[FlyFishingStocks]

Whale,
You haven't made 400 plus trades in AMRN since March have you ?
No of course not. ANRN trades:


how does one verify your positions anyway ...you don't seem to post on any other Ihub boards .
Why do you think posting on boards is a pre-requisite for trading stocks? LOL. Most on these boards know little to nothing about TA which is in fact a pre-requisite for making money in the markets.

Re TA ...I agree with JL's opinion on this "better a servant then a master ".
Agree. Most everyone this board, including JL have not followed that advice by being a slave to the fundamental promise of EPA, despite the bearish messages of TA the past 4 years. Very few ever master trading, because of their emotional attachment to the certainty of an outcome and their failure to adapt to changing conditions – illuminated by TA.


Everyone thinks there always have to be a fundamental reason for prices to move and ignore the impact of technical factors. For example, Albino said the price action all week was very unexpected. It's not unexpected at all. This is why AMRN performed like it did today:

A Classic double top had formed prior to the DMC announcement.
A. A Breakaway gap down in response
B. Prices plunge to first level of support (A-B). Shorts piled on in hopes of making a killing on the break below the troughline which usually calls for price drop of .75.
C. Fed decides against raising rates, VIX plummets - reinforcing support for all equities (including AMRN)
D. Prices continue to chew away the trough line, catching deceived shorts leaning the wrong way. Finally, a short squeeze ensues late in the session.

But hey,.. it doesn’t matter. I could have a verified crystal ball and it wouldn’t matter cause ‘hater’s gonna hate.’