AMRN at a good Level

Congratulations to those that added to AMRN on its recent dip. I know I'm happy! I was a little disappointed that the stock broke below my previous trend line; I have the lower trend line adjusted in the chart above. Anyway here we can see that AMRN has made a nice turn to the upside. With stochastics and RSI recently oversold, the stock should show more strength and possible reach the $13 area, as I said in my previous article. I mean today it's already up $.63 (6%), such a nice pop. Tomorrow I'm hoping for more strength, but we could see some side ways movement. The Parabolic SAR should go below the stock price soon to confirm the uptrend, and we should see the Bollinger bands expand soon.

Good luck everyone and happy trading!