Today’s stock chart scan highlights two companies with upcoming FDA decisions. Arena Pharmaceuticals (NASDAQ: ARNA) has an upcoming FDA panel on (9/15/2010) and has recently broke out of a declining wedge pattern. Expect some speculation and run-up heading into the panel. Questcor (NASDAQ: QCOR) is on the radar due to its PDFUA on (9/11/2010) and attractive looking chart.
Today’s stock chart scan includes Arena Pharmaceuticals (NASDAQ: ARNA) and Radware (NASDAQ: RDWR). Arena has been heavily traded up as investors anticipate favorable results for Lorcaserin at an upcoming FDA panel on September 16th, 2010. Information technology service provider Radware has made a huge move over the past year. Watch RDWR as it breaks out of its ascending triangle patter