Amarin Corp Plc (AMRN)

[FlyFishingStocks]

The Triple Top and Descending Triangle patterns have both reached their downside target as the price continues to slump.
IMO, we will see Denner come out of his cave and make a PR move once the price reaches 1.28 = representing a fill of the 1/6/23 gap. This is where he'll likely commence a cover operation, leading to base building.

As you can see from the chart below, the bullish price squeeze breakout on 1/6 sucked a lot of hopeful bulls onto 3 spikes above falling resistance. WallStreet then picked up the slip below the 200MA and Descending Triangle breakdown which further hammered prices lower.



The next magnet below is the gap. That should produce a halt to lower levels. If not, a potential new low will be in play.