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Replies to #29968 on lowtrade

picheljitsu

03/26/12 9:45 PM

#29969 RE: new2you #29968

AMRN - Big money's been chasing this one. They've got a prospective patented fish oil waiting on FDA approval (if my mind serves me correctly). Missed a 100% run by a day last year.

lowtrade

03/26/12 10:16 PM

#29970 RE: new2you #29968

Thats just a TIP I post about.

With island reversal patterns, I've noticed many attempts to have a comeback. But most every fall from grace volume, equals the volume coming out of the island bottom channel when successful. So if you see a pop down at the bottom island and the volume doesn't match the strength falling in, it rarely comes all the way out, for a real comeback.

If you see 10 million shares volume in the fall down, you need to see 10 million shares possible on the way out.