Amarin Corp Plc (AMRN)

[KCSVEN]

Does it bother you that back-testing of TA indicators show that almost all of them fail to beat the SPY? SO a bearish cross or spinning top by itself is not something that you should just trade on.

TA is handy in certain situations and it can be excellent to see if bulls or bears are in control, especially using candlesticks, but even with all the candlestick indicators most also failed in back testing. As an example of one that worked:
Bullish Engulfing but not JUST Bullish Engulfing, if volume was over a certain amount, if volume was higher on 1 day more then the other and would need to go back and see what other caveats there were but in that case the stock was higher 30 days later with a half decent return. There was one other that back-tested to a positive ROI but happened even rarer than the Bullish Engulfing.

Somewhere around late early Sept you called for the stock to drop though reading the charts I saw higher highs and lower lows so I didn't get that call but you were stuck on one indicator and ignoring other factors.

I hope you do well with your TA trades, just seems like you don't do a good job on the AMRN analyses and are constantly pointing out Technical signals and attaching big meaning to them despite that proven to be a negative ROI approach.