What an ^#%&*%^&%!!!!!
The stock is consolidating... chart looks good..
"...chart looks good."
Today's close may have changed all that.
1) ARUN's R/S has begun to decline for the past 2 days.
2) The MACD signal line has crossed over [down].
3) The money flow has declined for the past three days.
Taken individually, you might not take an individual indicator all too seriously. However, taken in the aggregate, it behooves the investor to be aware of what they portend.
Yes, it can still break out and rally, but any absence of volume [under 40% minimum] in such moves can doom any hard charge to the $23.21 top of last April
Just my $.03 worth.