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Arena Pharmaceuticals, Inc. Message Board

  • pressman_john pressman_john Jun 13, 2012 10:07 AM Flag

    Wall Street "If Pass $8,LOOK FOR SURGE TO $12" link

    Wall Street Journal
    June 13,2012Trade Ideas: AMZN, ARNA, EBAY, SKX, ZNGA
    By Antonio Costa Jun 13, 2012, 9:55 AM Author's Website
    Arena Pharmaceuticals (NASDAQ:ARNA) hit a new 52-week high yesterday, and its chart is indicating that there is more upside. The stock is still trading above all its key DMAs which are pointing upwards. In addition the Accum/Dist indicator continues to trend north and MACD above 0. The Parabolic SAR also continues with its buy signal.
    If Arena goes over $8 resistance,look for shares to surge to $10 to $12.

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ARNA
4.33-0.01(-0.23%)Mar 27 4:00 PMEDT