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Ariad Pharmaceuticals Inc. Message Board

  • mortgage_usa_lending mortgage_usa_lending Dec 27, 2013 10:45 AM Flag

    Trendlines of Chart Support are Broken Short Term - A Gap Below is Open

    The LOW of the Day indicator has been broken.
    In my previous posts I have been a bull and cited the rising LOW of the day indicator.
    This has been broken now and I have sold my long positions of stock and calls.
    Bullish prices should resume from the lower gap level that lies between $5.59 - $5.66.
    Please review recent trading data and expect this pull back.
    The eventual long term target of $9.50 is still in play and the stock is still bullish but from a lower
    level. I am looking to re enter ARIA (as a long) in this gap area.
    Thursday Dec 19 Range --- $4.80 to $5.58
    Friday Dec 20 Range --- $5.67 to $7.75
    Gaps in charts get filled and excellent places to "play" from.
    Lastly, I am not out to post garbage on the message board like many but be as accurate as possible.

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ARIA
6.385-0.115(-1.77%)1:45 PMEDT

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