Arena Pharmaceuticals, Inc ARNA Stock Analysis - 9/17/10

By Tim - http://stockstobuy.org

The following is Arena Pharmaceuticals, Inc. stock technical analysis for September 17, 2010

Arena Pharmaceuticals, Inc. (ARNA) Support & Resistance Levels - 9/17/10

Resistance Levels: $3.00

Support Levels: $2.00, $1.60, $1.50

Chart - http://www.stockcharts.com/

Arena Pharmaceuticals, Inc. (ARNA) is trading around $2.10 in pre market this morning. The FDA failed to approve Arena Pharmaceuticals diet drug which caused the stock to fall drastically on Thursday night. Arena Pharmaceuticals, Inc. has support at $2.00 per share so if you are feeling risky, you can jump in here with a stop located at $2.00. If Arena Pharmaceuticals, Inc. drops below $2.00, there is a risk it could see $1.60 or lower.

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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

Chart - http://www.stockcharts.com/

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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Arena Pharmaceuticals, Inc ARNA Stock Analysis 9/15/10

By Tim - http://stockstobuy.org

The following is Arena Pharmaceuticals, Inc. stock technical analysis for September 15, 2010

Arena Pharmaceuticals, Inc. (ARNA) Support & Resistance Levels - 9/15/10

Resistance Levels: $4.50, $5.00

Support Levels: $3.99, $3.96, $3.75

Chart - http://www.stockcharts.com/

Arena Pharmaceuticals, Inc. (ARNA) dropped Tuesday after the FDA said it sees risks in their diet drug. Arena Pharmaceuticals, Inc. is now back trading near the 200 day moving average located at $3.99. If ARNA breaks down through the $3.96 low from Tuesday, we could see a retest of $3.50-$3.75. Arena Pharmaceuticals now has resistance located at $4.50.

For more Technical Analysis - Go Here

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