Tuesday, October 4, 2016

$AMRN, ...Descending Triangle on Daily Chart

October 4 of 2016


A descending Triangle on Place for Daily Chart Averages with an 80/20 chance

Support level at 3.11
- First high at 3.31
- Second high at 3.27
- Third high at 3.25
- Four high at 3.24
- Fifth high at 3.24

Volume also descending

MACD histogram and line are in the positive area (0.10) sell level, and the price is moving down.

Aroon Indicator the positive line at 64.29 descending from 78.57 and the negative line from 57 to 21.43 descending also.

ADX strong at 18.37 indicating the downside is in very strong performance.

+DI 13 -DI 13 moving for weak performance and possible reversal of trend
Top 25.39 fro 35.20, Bottom 16.24 from 18.47 moving to a negative trend.

Stochastic RSI overbought at (fast 86.73) and (slow 88.04)

This combination of this indicator will force the algorithmics hit the "sell off" orders very soon.







September 28 of 2016

A descending Triangle on Place with a 60/40 chance

Support level at 3.11
2 High at 3.31 and 2 high at 3.26
Volume also descending
MACD histogram and line are negative also.
Aroon Indicator the positive line at 57.14 descending and the negative line from 87 to 71 descending also.
ADX neutral
Stochastic RSI negative




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