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FlyFishingStocks

05/27/17 9:35 AM

#106964 RE: HerbieRay #106945

Looks like we get to test $2.87 after all??

I respectfully disagree. Here's how the price action unfolded last week on an intra-day chart:



Conclusion? Bleeding has stopped, buyers are nibbling. If this current turn in momentum can push prices through the down TL and falling 50 day EMA, then I think we've seen the lows and hopefully some fire starts spurting out of AMRN's belly.



By the way, PBYI is a good example of manipulation, followed by massive buying in front of an FDA panel vote.



Perhaps AMRN missed by a penny for the same reason?