Volume today on AMRN - is rather wild. Wonder what is in fact happening here - it does seem a bit strange ?
not at all. Think like a criminal (short seller). They just witnessed an exhaustive flush (look at the down wave volume in the chart below) down below multi-year support which filled the R-It gap. This was a chance of a lifetime to cover their shorts. Add to that the news, and we see a gap today above the 3.11 ice line in a down market.
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