Well technically speaking and I am no TA guy but I am learning if I were you I think I might have waited on the "Paul Revere" post that AMRN is dead until you see how this right shoulder formation we are currently in forms out.
FLY, you should go back and read your messages when the stock was in the $4.Lucky you stick to stocks as I would hate to be relying on you to give us golfers your take on the weather,I was playing all day and I didn't miss anything because results are NOT out till early Sept.You wasted your day with graphs as usual.
FFS. Thx for the response HDG and JL are not the same person by the way . I’ve corresponded by email with both of them over the years ( not recently ) ....and although I often disagree with their analysis , I acknowledge that I’ve learnt a lot from both . Kiwi
FFS-The chart is a classic death spiral, it can't break the death blow ANCHOR SPA caused. Oh well, it's only money.
I'm not sure if there's an example of a company recovering from an event like Oct 16 Bloody SPA Ad com. The event was such that it casted a shadow over R-I preventing any kind of rise going into results. Speculating results will fix everything is denial of the above facts. Great results MAYNOT cure stock. What should we do? Nothing it's too late, hope and pray results are enough to create a buy out...that's all there is left.
How low does this go before support kicks in? Looks like $2.40's. Nice swing trade if you can pick up shares at that level.