Replies to post #338542 on Amarin Corp Plc (AMRN)

[FlyFishingStocks]

It's first week of May, and the price is already dropping to $4.78, flirting to $4.6 "resistance"... I think it might go even lower by end May :(

Anything can happen but it caught a healthy bid at support today - a good sign of a reversal.

Take a look at other similar bounces and their aftermath.



I think AMRN and the general market - especially the XBI/IBB - exhausted their down thrusts and will rebound sharply.