Options Wonderland

[IIIverson]

ARIA, yeah I am still watching it but honestly I hate biotech stocks that drop off a cliff. They tend to take a long time to recover (if ever). I was a great trade from the $2.50 bottom back over the 200 Monthly MA ( http://stockcharts.com/c-sc/sc?s=aria&p=m&yr=11&mn=0&dy=0&id=p19300537068&a=259049156 ).

I havn't posted anything about ARIA in a while. But I was looking back at my posts and found this one to remind me about the DEATH CROSS.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=96267474

I know it has been crushing resistances all the way back up to where it is now... but I have been keeping my eye on the ARIA WEEKLY CHART and the DEATH CROSS that is coming up (about a month or so away from happening). Easy to see here...

Also (non TA), the fundamentals are weak, they have their drug back on the market but revenue is going to take a big hit from where it should have been. I think it will take some time (and a new drug) to get this stock back in bull mode, like it was before the FDA cliff dive.




I think I'll just keep watching for now.


IIIIIIIIVERSON