littleriver

Why ARNA is a money maker?

BATS:ARNA   Arena Pharmaceuticals, Inc
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At least I think so! ARNA has been currently trading in a four month money making channel and I see no end in the near term. The PPS recently bounced off the 200SMA and is sitting just below the $8.70 pivot . The upward trend will be met with some resistance in this area but once past, I will be looking for a top near $9.50 at downward trend line .

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