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Amarin Corporation plc (NASDAQ:AMRN)


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#1 Costa

Costa

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Posted 22 August 2013 - 12:43 AM

Amarin Corporation plc (NASDAQ:AMRN) has been flagging in the last four sessions after a huge upmove earlier this month from the 5.13 to 6.25 area. The good news for the bulls here is that the technical daily indicators are looking bullish. The MACD is positive and above its rising signal line. The relative strength index (RSI) is above its 50% level, now at 56 but appears reluctant to move higher from here. Next buy area is when the stock clears 6.2 on volume.

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