Round_Table_Trade_Team_LLC
Long

What I like about ABIO as a swing play

NASDAQ:ABIO   ARCA BIOPHARMA INC
What I like about ABIO as a swing play:

1. All moving avgs in alignment
2. Even with today's bearish candle, we still have a hook
3. We are still possibly coming out of oversold
4. The MACD is about to give a buy signal
5. They had positive news Feb 27
6. Traders love filling the gap from Feb 23

7. Needs to keep having higher highs and higher lows.
8. Needs to stay above RSI 30
9. Needs a significant hook continuation on 8ma.
10. Low short interest
11. At best a medium risk swing play.

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