Amarin Corp Plc (AMRN)

[FlyFishingStocks]

WTF is a matter with this stock every day day in and day out it can NEVER hold a gain !! Up during the day but SLAMMED EOD that's not TA it has to be something else IMO

That's what down trending stocks do until they don't. Today saw an open at 1.52, a high of 1.56, a low of 1.51 and a close at 1.54. That's very benign price action that mirrored the general market activity today.

Looking at the past week, AMRN tested the 200MA with a low of 1.47 on 3/15, retested that low Friday and closed flat today. The stock price is sitting above major support as it oscillates in limbo waiting for a driver - up or down. The general market seems to be doing the same; waiting for the next "crisis"