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UnknownUnicorn3272672
Jan 30, 2020 4:57 PM

Buying ARWR between $38 and $29 Long

Arrowhead Pharmaceuticals, Inc.NASDAQ

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Note: This is not an investment advice but my opinion alone. Please feel free to comment.

ARWR has seen its stock go from around $70 to about $42 as of 1/30/2020. A lot has been said about the short attack but I think this is just normal re-tracement. Using FIB, we can expect it to settle around $38 and $29. I will consider picking up shares for the first time there but will also watch for the GAP at around $20 if it breaks $29.

Please do your DD
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