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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: RMP who wrote (2068)	6/12/2013 8:39:50 AM
From: The Ox	Read Replies (2) of 8288

ARNA in full reversal mode, IMO... not that it cant' get turned back from here. The washout retest of the short term low in early May is now gaining momentum. A break above $9.25 and it could be off to the races. The previous peak this year around $11 could pose substantial resistance.....if it gets there soon. A full year consolidating between $10 and 7.50 should put a decent floor on this one. For those will long term aspirations, a break below $7 would be very disconcerting, even with the gap looming below. I don't know a thing about their fundies, so bear or bare that in mind!! :)

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