What does your chart say now? Guess you've moved on to another company since this last week's activity completely ruined your hypothesis of another upward move. Can't even find any support all the way back to $2 now based on the charts. MM have made you look like a fool and you know it. Can't wait to follow your next chart.
That's a little harsh on Sp500. At least he was willing to to do a TA. Looks like a Hammer to me. 6.5 triple bottom. The heavy movement resulted in quite a bit of attention ... probably not exactly what the shorts were looking for. Movement down like this on no news draws back buyers.
It says ARNA had a rough week and broke support at 7.40.
I am still holding my 10K shares. Belviq is blowing the doors off of Qsymia and the metrics are strong. I am not as impatient as some.
BTW, ARNA never did get over the trigger of 9.50 that would signal the move to the mid teens so don't try to rub my nose in that quite yet.
There is a very decent, even strong chance that last week was a holiday week shakeout that took advantage of the opportunity to pick up some cheap shares from some weak hands in a market made just a little thinner by the holidays.