We have the perfect bull flag setup. Target 1: 14.50 usd Target 2: 15.90 usd Stop-loss: 13.15 usd
Price is trending upwards, combined with improving fundamentals! = buy and hold for long term capital gains.
Price is approaching a long term multi decade downtrend. Volume is on pace to exceed previous months volume and close green, would bode well for a potential break out
Breakout of recent downtrend (possibly a bull flag). 1/2 position. will add if breaks 3.70 with continued volume increase.
Looking for Key test of 2.98, if it falls, start position at Green, Scale in at fall of Blue, and Sell at Red. Goal is 10-20K shares
Before we get to my target of $6.17
Looking for a retest of the bottom Trend line, with end result, $6.17
To continue run higher, AMRN needs to retest $3.26 and maybe even $3.08
Tempted to take profits here, but, might letter my winner run!
Looking very good here and buys are coming in!
It will probably consolidate in the zone before moving higher.
AMRN at 3.33/share; sell Sept 16th 3.5 call; 2.75 db; max profit $75 (21.4% ROC). FOLD at 7.00/share; sell Sept 16th 7 call; 6.20 debit; max profit $80 (12.9% ROC). ARRY at 4.54/share; sell Sept 16th 5 call; 4.19 db; max profit $81 (19.3% ROC). Notes: Preliminary/off hours. I would also note I haven't looked at these guys' pipelines (they're all biotech) or...
Here is the summary of AMRN - Why there is many difficulties for AMRN | Fundamental analysis. Company dealing with many difficulties . NASDAQ AMRN • We believe that our cash and cash equivalents balance of $119.5 million at December 31, 2014 is sufficient to fund our projected operations for at least the next...