Showing posts with label $AMRN. Show all posts
Showing posts with label $AMRN. Show all posts

Thursday, September 13, 2018

$AMRN unwanted waiting


AMRN

My own view!

·     The first quarter of 2018 was the worst price performance since 2013.
o  with a maximum of 4.60 and a low of 2.91.
·     The second quarter continued its loss, although it ended positively.
o  With a maximum of 3.52 and low of 2.66.
·     The third quarter aggravated the losses, and only a positive announcement could reverse the loss so far.
o  With a maximum of 3.32 and low of 2.35.
·     With an average of 3.81 up and 2.64 down, the price has had a real average yield of 30.71%.
·     These averages indicate to me that the price could be between 6.45 maximum and 1.17 minimum.
o  with a self-correction in 3.81.
·     Based on the current price, this may in case not favorable in the next report lower 30.70%, in the case of an excellent report go to up to 169.29%.

Recommendation,
·     For those traders whose cost is below 2.06 stay and wait, this level is the only healthy level to wait for this great announcement.
·     For those who are between 2.06 and 2.94 reduce their position by up to 75% and expect the announcement to be very low.
·     In the event that the report is good, the price will jump in the first hour to 3.81, and adding the previously reduced 75% after this level will give them a safe chance up to 6.45.
·     In the event that the report is negative they would only be losing an average of 0.45 cents, I would do that if I were at this cost level.
·     We are not in a position where we are assuring a positive result that has more than 15% chance, these studies enter unknown areas, there are no medical studies that guarantee that this area is possible a change greater than 50% in their results.
·     for those whose cost level is above 2.94 they will lose 60.21% of their investment funds in the event of a negative result.
·     Here we have two possibilities, although someone says there may be a possibility, we have a negative and a positive result, there are no average terms, I have an 85% chance that the news will not satisfy the almost elderly investors waiting for something here that eliminates many years of errors.

·     Over the next two weeks these indicators will show further deterioration, daily, monthly and quarterly averages will fade, and we have many opportunities in the market to trade against such a vital announcement for this company that has made dozens of mistakes.


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.




Tuesday, September 6, 2016

$AMRN Weekly Chart Updating


Weekly Update
Averages are moving down, MACD moving down
Level between 2.89 and 3.17 controlled by Sellers
Aroon UP Indicator on a positive area, but moving down.
Aroon DOWN Indicator 100, steady on a negative area, Byers are keeping the price positive but the averages are moving for reversal.
ADX positive for the price, but stop it's rally to up.
DI 13 -DI 13 price in a positive area.
Stochastic 70.09 and moving down.
I hope that the news for $AMRN will be a really issue for the trend performance, my call is 50/50.



$AMRN, ...New Positive Triangle (small performance)


Updating Chart

Volumen at Price is under extreme pressure by sellers.
Parabolic SAR still on a downside, might it is running out of gas.
IF the first MACD positive day, the price is above SMA-20 is almost a total chance the price hit the Bollinger Band Top looking for a new 52-week high record.






ADX still weak, making this current trend very weak, even up or down. DI is looking to cross the negative and the positive line, a possible change here, but with the ADX weak 50/50 that the change is also weak.

Aroon Indicator still NEUTRAL, the Aroon Up still under negative area, also NEUTRAL.