OTCPK:ARLZQ - Post by User
Comment by
GoldenDilemmaon Aug 24, 2016 2:18pm
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Post# 25172835
RE:Institutional buyer or Fund @ $5.50 US
RE:Institutional buyer or Fund @ $5.50 USBigboyone wrote: Frustrating Stock, no small shareholder is selling here, especially with the possibility of good news right around the corner.
Its so abvious, Aralez stock is being placed somewhere for $5.50 a share.
600k worth of shares traded by 12:00 pm. EST. Do the Math how many shares traded last two weeks, who know how much is really held by insiders.
Could they make it look more obvious? We need to break and hold @ $5.70 or better in my calculation, for resistance, to hit mid $6.'s
I use 10-20-50 & 200 Day Moving Averages. I like to see the 200 day line crossed or getting close to it.
I also use, Candlesticks, Stochastics, Momentum and a few others.
I will be selling a small % of my shares a day or 2 after, (hopefully) Yosprala, FDA passed.
I think the way the stock trades it doesnt go straight up. The funds involved also need to "Churn" accounts. Just my 2 cents...GLTA..
The chart is simply overbought.
The party can't go on forever. Play both sides long/short. Pull back necessary for the next leg up!