SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: lindalib who wrote (2967)6/24/2010 9:26:54 AM
From: Jibacoa  Respond to of 3722
 
Re: ARWR's Support

You may use the support that you think is best for you, if you use any mental or actual trailing stops.<g>

In ARWR's case, I consider its iportant near-term support at the $1.20 level, and if its broken, I may consider taking some action.<g>

As you know, on June17 the L at 1:10pm was $1.13, but it was able to close at $1.25 <g>
On June18 the L at 10.09am was $1.24
On June21 it made repeated Ls at the $1.23 level from 1:40pm until 3:40pm
On June 22 the L was $1.23 at 10:10am and again when it had several down-ticks near the close.
Yesterday the L was $1.24 at 10:09am and was able to stay above that level for the rest of the session in spite of the general market.<g>

But again,near-term support and resistance levels, as well as trailing stop losses, should be used as they have better served you in the past.

Today it is trading at $1.26 in spite of the market, but the B/A is unfavorable.<g>

Bernard