Technical Analysis

Marinus Pharmaceuticals Inc (NASDAQ:MRNS) is in a parabolic move.

Antonio's Perspective The stock made a new 52-week high again today but gave back some gains. The slope of the recent upward move is very steep accompanied by increasing volume. If the stock can break today’s high of $3.10, we should see a follow through move. Daily technical indicators are bullish. The MACD is rising above its signal line in positive territory while the A/D line remains in a long-term
Market Blog Technical Analysis

Marinus Pharmaceuticals stock broke the ascending triangle formation last week

Marinus Pharmaceuticals Inc (NASDAQ:MRNS) after a big price and volume surge in January of this year, the stock has gone sideways and consolidated in the 1.19-1.50 trading range, forming an ascending triangle pattern. On Thursday, it finally broke the upper line of this bullish pattern on the heaviest volume in the last few weeks. This is a good sign for a continuation of the trend and I'm looking for a