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ArQule Inc. Message Board

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  • stockmaven888 stockmaven888 Oct 5, 2012 11:05 AM Flag

    Selling off nicely

    This mornings action is exactly what you want to see after a day like yesterday if you positioned on the short side via the common shares or put options during yesterday's squeeze. This morning the stock is putting in a textbook BEARISH ENGULFING candle on big volume, signaling the stock's bounce from Wed. Lows is over and a sufficient number of new buyers have been trapped. Looking good here.

    Sentiment: Strong Sell

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