Wednesday, September 7, 2016

$AMRN, ...Covered Sell Short Position, Long running UP

September 7, 2016

Finally the price cross UP the SMA-20 and the Self-Correction Level at 3.10

Changing the Trend Performance from Downtrend to Neutral.
If the first MACD positive histogram MACD (simple moving average), the price is above SMA-20, then the price will go up to Bollinger Band TOP.

Price calculated for a new 52-week record high is 3.60 to 3.68.

The Aroon indicator still on a negative average.

The +DI 13 -DI 13 crossed for a new trend change mode.

Stochastic moving from 30 to 48, strong performance.

We have in a new Green Triangle with 52-week high target at 3.46, 

Covered all levels for sell short position.

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