We can see the price consolidation during the last month, the price found a base and support @ the horizontal support line $9.66$ bouncing from the support last month and creating an uptrend wedge (cyan lines).
Now the price have a big resistance and trying to breakup the downtrend line (huge downtrend channel) that using as a resistance line (white) since 05/31 @ the high $19.87
The RSI and the MACD are in a positive divergence too, convincing me that the breakup is very close.
Disclosure: Long $AMRN
Daily Chart
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