ARRAY BIOPHARMA INC

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if breaks 8.56 you can take a position. stoploss if you want to use is 8 breakout to $10 short term... oversold rsi is bought 5 day ma crossing 10 day will confirm the breakout..

Short to 100 ma retest

+ Broke out earlier this week on very high volume + Prices retraced back towards the rising 5ema + Broke-out again with but on very low volume - upper shadow on Friday's bar - the range of sideway move over the past few days were a bit too wide, subject to volatility (& chopped) even if successful break-out formed - Target was beyond 2 yr high

ARRY MOMENTUM SCALP

LONG >3.76 STOP 3.65 TARGET 4 - 4.28 - 4.5

It looks like is bouncing on uptrend support.

Metrics: Buy 100 Shares at 3.23 Sell Oct 21st 4 call 2.83 db at the mid (i.e., 2.83 is your cost basis in the shares) Max Profit: $117 (if called away at 4) ROC: 41% ROC Notes: A good spot to initiate this here, given a bit of horizontal support.

Correlation Histogram Type indication

With Array Biopharma earnings this week, the chance of another short squeeze increases, but so does your risk. Golden Cross on Daily, positive divergence on MACD, riding the upper Bollinger Band as of 8/2. My $ARRY upside target is $5.47 NASDAQ:ARRY

Weekly should cross zero line soon

Can't wait for ASCO

MACD, DMI, RSI & PSAR support signal this

Shorts need to cover, not enough shares. Earnings around the corner

Watch for key breaks

Mentioned a possible dead cat bounce on 12/14 playing out as expected

Price could bounce up to 4.50 from here where overhead supply will probably knock it ultimately down to $3.00

financial results for the second quarter of fiscal 2015 and hold a conference call to discuss those results on Tuesday, February 3, 2015.