ARNA play

ARNA was a very good gap but it gapped into the mess on the daily. Though the gap worked very well and it did not get suppressed by the messy daily pattern, it was strong and went up straight.
It was difficult to play this pattern due to the opening of the gap into the daily mess and because the gap 1st 5 min bar was broken. It played well during lunch time, which is against the trading rules. It finally finished above. I like it now and crossing 200 day moving avg on daily is a great come back sign.

Today it went up on news that hedge fund managers are buying it. More fundamental than technical.