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FlyFishingStocks

04/08/21 9:09 PM

#334094 RE: tke458 #334081

Is that why since 2/1, IBB is only down by 8% and we’re down 25%? Lol



That's exactly why. (back at ya)



AMRN ATR(Average True Range) = 5.0%
IBB ATR(Average True Range) = 2.1%

That means AMRN will move 3x IBB up or down. Do you know what 3 x 8% is?

AMRN vs IBB = identical performance.

I'm very surprised an 'expert swing trader' like yourself isn't familiar with Average True Range.

FFS