Category Healthcare

Arena Pharmaceuticals (ARNA) : Break kumo and let the speculation begins

Arena Pharmaceuticals has started to break out of its resistance and is now heading higher. One of the early catalyst was ARNA signing up with a marketing or sales partner. And the second catalyst is FDA assessment of Vivus drug potential ( Note : Vivus is ARNA competitor). The key thing to note here is [...]

China-Biotics, Inc. (CHBT) : Chart Review

Background. A member in the forum ask about CHBT. Personally, I am not into FA and do not know how to dissect the earnings reports. From what I can gather, CHBT suffer a drop in share price based on 2 possible reasons: 1. share dilution as they raise more cash (but did not highlight how [...]

Immunomedics Inc (IMMU) : Kumo breakout

Immunomedics (IMMU) has just breakout of the kumo resistance. Next resistance is around $4.30. Volume is already higher than average within the first hour.