wstchse
Long

Spotted a diamond in the rough

NASDAQ:ARNA   ARENA PHARMACEUTICALS INC
12 0 1
Greetings,

I am looking to buy this little gem around previous demand levels of 1-1.50, will add to position once a breakout of 3.30, indicators are pointing to a bullish move as well. I am not a fundamental trader by any means...so therefore I have no fundamental indications to support this trade. However, I will be doing some fundamental analysis on the company over the next coming weeks. No rush with this trade, still many confirmations needed, and not the most optimal place to buy at the moment. The key to a trade setup such as this one will be patience. I will update my findings soon.
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