Amarin Corp Plc (AMRN)

[MedResCollab]

Your TA will always lag behind high-frequency trading algos (quant funds). It is no longer useful in today's age. Although it may at times randomly steer you right, you will on average do better simply allocating monies to an index fund, or relying on exhaustive due diligence in placing your trades, as all high-return non-quant hedge funds do. Your style is a throw-back to the 90s/early 2000s, and is irrelevant.

The statement: "AMRN will never see another 52-week high ever again," which we think is highly probable (perhaps 70 - 85% likely), is based solely on our exhaustive research. Research that well-established firms are willing to pay for.

If you continue to follow your dated TA you will almost certainly lag market benchmarks. Only retail investors take any of it seriously.

That brings up the one way you can consistently make money off of TA, and that is by selling its teachings to retail, a large percentage of whom are unsophisticated enough to think it works.

Kind Regards,
-MRC