Long
ARNA weekly setting up for multi week move possible breakout
There was a recently completed harmonic pattern that completed near here on the daily price chart.
This is potentially important because sometimes harmonic pattern completions mark the final LOW of an extended consolidation.
The weekly MACD seems to be confirming this potential.
ARNA is showing potential of an attractive position trade in this zone.
This is potentially important because sometimes harmonic pattern completions mark the final LOW of an extended consolidation.
The weekly MACD seems to be confirming this potential.
ARNA is showing potential of an attractive position trade in this zone.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.