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WeBelieveInTrading

ARCA biopharma Buy TF D1 TP = 2.81

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ARCA biopharma, Inc. (NASDAQ:ABIO)  
WeBelieveInTrading  
NASDAQ:ABIO   ARCA biopharma, Inc.
Trend Analysis Technical Indicators Gann
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trendanalysis indicator gann
On the daily chart the trend started on January 27 (linear regression channel). And it is still not closed according to my calculations.

There is a high probability of profit taking. Possible take profit level is 2.81

But we should not forget about SL = 1.84

Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!

Good luck!
Regards, WeBelieveInTrading
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