Simple Trading ARRS – As of 11 May 2015 Close

ARRS W As of 11 May 2015 Close

ARRS has been on my stalk list since October 2014, but I missed calling the entry play because I was focused on other things.  The best entry was a break up through the down sloping trendline last month (April).  Now a good entry looks to be around the$30.00 to  $31.50 area if the stock can pull back that far.

If price can make it down through the $25.60 level, consider the uptrend broken for the time being.

 

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