Replies to post #425975 on Amarin Corp Plc (AMRN)

[Invest83838]

Thank You FFS

for confirmation that there will be a rise in AMRN stock price this Summer

[MA52TA]

Then something happens that ruins all your predictions.

[FlyFishingStocks]

Get ready for a long summer of sideways 'absorption' type price action as sellers and short sellers step on every rally.

That's what I wrote 3 weeks ago.
The chart then:


The chart now:


Since then, we've had commencement of the buy back and China news. In spite of that, real price action is tracking as expected in a range bound summer doldrum fashion.
Today was especially ugly. Prices closed at the low of the day, below the short term down trendline, accompanied by an RSI rollover near the 50 level. Both of these TA features show up on short selling scans and will likely attract follow through tomorrow.