Arena Pharmaceuticals (ARNA) : Challenging Kumo Resistance

After consolidating falling and consoidating for almost a year, ARNA is making some move today.

It has break through its resistance at 3.18 and has went above the Kijun sen.

At this moment, it falls short of breaking through the kumo. A break above it will signal a very strong bullish move.

Kumo resistance at 3.38

By iam802

Trend trading with Ichimoku