Orexigen Therapeutics Inc fka OREX

[FairviewInvestor]

Perhaps, but I don't regret getting out at 3.80! when the Technical Indicators were saying.. bagholding time if you stay in.

Just pulled up the Chart and ran through technicals. sure an optimistic bounce off 2.20
maybe that is saying.. 2.20 is bottom. who knows.

so far it hasn't crossed any meaningful moving average to indicate a bullish reversal with this little, tiny bounce to 2.35

OK. so it crossed the 10sma.. but the 10sma isn't a recognized bullish sign for a reason.

good luck. I'll still watch for now.

I'll try and keep an eye for when a bullish trend actually forms. other than that, guessing the bottom is a fools game. jmo