ARNA Descending wedge, reversal figure? Long

Description

⋅ Aug 27, 2014 6:19 PM

ARNA has been descending for quite some time. The descending wedge is tightening. May break A-B line any moment now.

Comments

LeLaf

⋅ Sep 21, 2014 8:59 PM

In the profit zone. But the bears are pushing it down a lot. Selling pressure.

LeLaf

⋅ Sep 18, 2014 4:26 PM

By redoing the wedge to encompass the 6 last days (except today), we just broke the wedge up on volume. Entering a long position.

LeLaf

⋅ Sep 9, 2014 10:47 PM

Staying within the wedge patern. Indecision.

LeLaf

⋅ Aug 28, 2014 9:51 PM

Hitting th C-D line today. Waiting to bounce up and break A-B before considering this a reversal of trend.