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Arena Pharmaceuticals (ARNA) +4.3% amid heavy trading and continuing the upward trend it's...

Arena Pharmaceuticals (ARNA) +4.3% amid heavy trading and continuing the upward trend it's enjoyed since April over excitement about its Belviq obesity treatment. SA author Efsinvestment says that with a Relative Strength Index of 65%, the stock needs a breather, although it will be worth buying after any pullback.
Comments (2)
  • 65 RSI needs a breather? I don't think so. That just indicates a strong trend, based on RSI the last few months...
    10 Jul 2012, 01:52 PM Reply Like
  • Cramer needs to clarify all the inaccurate information he presented which has fueled the pull back.
    11 Jul 2012, 02:33 PM Reply Like
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