Trade Ideas: ARNA, GLW, IDCC, MCP, VHC

Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) broke an ascending triangle area pattern yesterday and could go to $11 very soon. Volume confirms. Buy as close to 9.50 as possible. The technical chart below shows very strong upward momentum as the stock is above the major moving averages with both 50 day and 200 day moving average going up. [...]