Replies to post #211973 on Amarin Corp Plc (AMRN)

[maverick_1]

I have never considered to get to that level of granularity as my main mantra is strategic.

BTW NO Wall St professional ever would parse that!

There are clearly so many more important issues for aMoney Mgr to deal with such as what Ray Dalio interviewed today: World is embarking into a replay of late 1930’s! that surprisingly I share as well!

Another example that speaks to entering a STAGFLATION WW economic environment:

Nickel used in stainless steel and even in lithium ion batteries.... nickel prices up YTD +68%!!
Indonesia a large nickel producer announced TODAY
a ban on nickel exports starting in Dec!

Larry Summers w/in last week had an Op-Ed highlightingthat the world’s central bankers ARE at their limit and do not have sufficient reserve to deal with a downturn!

DIFFERENT STROKES FOR DIFFERENT FOLKS

[jfmcrr]

with the dribs and drabs of 4, 10, 1, 3 shares following in the next minute?

Part of that was me. I had an after hours limit sell at 4:00 to set up cash for the margin interest charge due end of the month. It was 100 @ 14.98 that executed 3, 4, 93.

[maverick_1]

North40000 re:

What does that ~ 71000+ block at 4 pm tell you, share price $14.99, with the dribs and drabs of 4, 10, 1, 3 shares following in the next minute?

Here North4000 is my specific reply:

I have not looked at the Technical Picture of ANRN for a long time.

Putting on My Technical Hat (see below) another skill set acquired over the many years of technical chart reading from briefings from the best(were my Merrill Lynch brethren’s 20 ft away!:

Technical Analysis is but A Tool that I use ONLY as a Confirmatory indicator backing up the varying conduits of Fundamental Security Analysis.

https://investorshub.advfn.com/boards/profile.aspx?user=486527&page=4

Impressive those late trades but modestly above AMRN lows of the day!

Clearly AMRN has established an interim bottom from a precipitous drop from $23 and has a short term constructive net accumulation with improving technical indicators like MACD, Fast Stochastic, Money Flow as it is filling in that Down Gap from $17.

Hopefully there is some ground breaking AMRN announcement after Labor Day!

AMRN’s technical indicators like ADX Plus needs to IMPROVE and
break that sharp interim decline line,

AND penetrate above $18 (50/200 DMA; GOLDEN CROSS !)

DIFFERENT STROKES FOR DIFFERENT FOLKS