Monday, May 21, 2012

AMRN getting ready to show strength

Wow! The AMRN chart looks really good right now! Stochastics and RSI are at oversold ready and are already starting to turn back up. The lower trend line was recently broken and the price almost came down to the 200 day moving average; that was very disappointing. Today we saw some strength though, which makes it a really good entry point for you traders. I think we may see $13 really soon! The long term price target on AMRN is $24. I'm holding this one until then and adding some shares on each dip. Good luck and happy trading!

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