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Biotech / Medical : Arena Pharmaceuticals (ARNA) -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (2043)12/11/2013 12:51:30 PM
From: wolfgangrene  Read Replies (1) | Respond to of 2274
 
Hi OX,
maybe. I'm following the adx line.
On these short 15 min charts, even the pincher could spread and if downside market pressure is strong enough, it could hold it down, but the odds say the ADX will be the truest indicator.
Also, IMO, the gap hasn't been completely satisfied until we hit the close of Dec 5th.
So I think there is another leg down. I might be wrong.