Amarin (AMRN) technical preview for March 24, 2015

AMRN shares saw a third consecutive down day on Monday. Price volatility and trading volume normalised after last week’s spree. Need to see whether the golden cross (50-200 SMA crossover) witnessed a few days ago on high volume will indeed foretell further price increase. The short term trend is neutral imho.

AMRN stock price (3 months)

amrn

Chart courtesy of StockCharts.com. http://stockcharts.com

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