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ARYK0
Mar 6, 2017 6:40 AM

ARWR next few days will determine uptrend or downtrend  

Arrowhead Pharmaceuticals, Inc.NASDAQ

Description

NASDAQ:ARWR The next couple of days will determine a short term potentially sharp uptrend or downtrend. RSI just crossed through a trendline and if price confirms and breaks trend, it could see a sharp downtrend. My MACD sell trigger is converging negatively which means a sell signal could come soon. CMF has been in a small price range the past 3 days that could be a sign that price is ready to make a move. It also has a gap to cover from 2.47 - 4.35. It just broke above 200 day MA.

Comment

not looking good today, price is breaking trend along with cmf and macd is giving a sell signal. think this is the start of a downtrend
Comments
monty25
patience..
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