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Arena Pharmaceuticals, Inc. Message Board

  • r_garner9 r_garner9 Feb 19, 2013 1:09 PM Flag

    Quick look at the technicals ..

    * The 5 ema crossed below the 200 ma ( daily view) for the 1st time in over 6-8 months
    * RSI decreasing
    * Price closed below the 200 ma
    * Very Tight Bband squeeze occuring ( price is on he downside of this squeeze - this means that there is a strong possibility that the price will move down should a bband breakout occur )

    Recommendations .. if your up , take some profits or set some tight stops.

    Good luck !!

 
ARNA
4.12-0.02(-0.48%)Nov 26 3:59 PMEST

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