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Thursday, September 16, 2010

Arena Pharmaceuticals, Inc ARNA Stock Halted - FDA News Pending

By Tim - http://stockstobuy.org

The following is Arena Pharmaceuticals, Inc. stock technical analysis for September 16, 2010

Arena Pharmaceuticals, Inc. (ARNA) Support & Resistance Levels - 9/16/10

Resistance Levels: $4.00, $4.50, $5.00

Support Levels: $3.50

Arena Pharmaceuticals, Inc. (ARNA) has been halted this morning as the FDA decides on their diet drug today. Before the halt, Arena Pharmaceuticals, Inc. was trading around $3.88 which is jst below the 200 day moving average. Arena Pharmaceuticals will most likely open back up sometime tonight in afterhours after the decision is made.

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