Aroway Energy Inc ARWJF

RE:ARW burning through cash like a drunken sailor

[Techsavy]

Someone better step up to the plate soon or ARW is going to head right back to a dime, right where I said it would go.

It was unable to break through huge resistance in mid thirties, and heading back down as indicated by the trend line which is down. If ARW has any hope of climbing out of this hole, it will need to close in the 40's for a day or two. However, as each day goes by, so does that opportunity as the sp continues to sink.