Tag ARNA

Entries 3 Total

Arena Pharmaceuticals (ARNA) : Possible Bullish Breakout

Feb 22, ’10 9:45 PM

After consolidating in the $3 range, the Ichimoku chart for ARNA is showing a possible bullish cross from the Tenkan sen and Kijun sen. From the chart, we can see that the Tenkan sen is about to cross the Kijun sen.

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Arena Pharmaceuticals (ARNA) : A Review of My Trade

Sep 22, ’09 4:27 PM

On Sept 17, Arena Pharmaceuticals’ management announced that they are going to post the results of the Phase 3 data for its drug on Sept 18 (the following day). After trading hours, the price shot up to 6.58 However, price in the after trading hours are not really reflective of the actual price. ARNA opens [...]

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Arena Pharmaceuticals (ARNA) : Follow Up – Ascending Triangle

Sep 17, ’09 3:54 PM

A follow up since my last post on ARNA. Since the last post, ARNA has reversed. From a technical point of view, it seems like an ascending triangle is forming. With the flat top at 5.46 from the June high. Both the kumo and the trendline is suggesting a support at 4.74 It is hard [...]

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