Looks ready to break the channel on the weekly
Looking for a retest of 242.01, then gap fill to $239.88 ish
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
I think the Inv H&S played out, forming the C&H, looking to add Common at either $13.85 if it holds, or $12 ish.
Both Chart and Fundamentals say a test of the bottom of the channel is happening, I still own $8 calls
I think it's headed back to $32.66ish , to test the 20d VWMA
Tempted to take profits here, but, might letter my winner run!
Wait to see what WS does at $9.1... no position, on watch
Great Earnings play, they will beat expectations! Red is the buy zone, with a tight stop. Once $5 breaks, looks for a big move to fill gap at $5.25-$5.5