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Biotech / Medical : Arena Pharmaceuticals (ARNA)
ARNA 99.990.0%Mar 15 5:00 PM EST
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To: Justinfo who wrote (2198)2/14/2014 12:23:54 PM
From: The Ox   of 2274
 
I agree with wolf, (in general) it's much, much harder to guess where a trend will top out. That's why I have target areas but always state that simply because we reached a target shouldn't imply a trend change. Look how fast the SPY blew past my initial target!

I use these targets for different purposes but often will take profits or dump a loss, if there appears to be a potential for a reversal or for a lengthy digestion period.
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