Amarin Corp Plc (AMRN)

[FlyFishingStocks]

Thanks Marzan. Congratulations on a wonderful day! Things are looking much better.
Last week I wrote about this exact thing happening (post # 134427).
In that post I wrote

Could I be wrong? Yes.

If so, this is what you will see in the days to come in terms of price action.

If my interpretation of the situation is wrong, meaning this take down is pure manipulation, then whomever is responsible is engineering a price squeeze (descending triangle) in hopes of forcing a capitulation selloff.

This will generate massive volume, sufficient for them to enter big blocks and run price up sharply through overhead resistance in preparation for the results announcement.

and I shared this chart:


This is exactly what appears to be happening:



It still has resistance to overcome to confirm but it is looking pretty good so far. I would like nothing more than to be wrong and long when they announce +R-IT. We'll see. There's more progress to be made.

Cheers,

FFS