Friday, August 17, 2012

AMRN puede que vuele muy alto


I hope you are having a GREAT week !
AMRN is in a long term up trend as I told you, put in a Monthly green Trade Triangle.
Right now I am is on a Weekly red Trade Triangle, which probably reflects the counter trend correction.
If AMRN trades higher from here and moves back above the 50 day moving average that would signal a correction low is possibly in.
A move above the 50 day moving average would also probably put in a Weekly green Trade Triangle which would be bullish.
I hope you enjoy the commentary and please leave any questions or comments as to what you think is going on for AMRN right now.
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Thanks,

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