littleriver

ARNA is heading lower but not exactly a bad thing.

BATS:ARNA   ARENA PHARMACEUTICALS INC
217 0 0
ARNA             closed below recent support near $8 today. I am expecting it to stall a couple of days then drop to the next major line of support. As can be seen on this chart, the longer price travels sideways here, the more older SMAs come into the picture. This will make moves north on this equity more and more difficult. The good news is we are creating a bit of gap now between the SMAs and the price as it moves south. Once the red line of support is reached , I am looking for a nice bounce off the red line of support back to the SMAs.
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out