BryanWilson
Long

200-Day Moving Average breakout

NASDAQ:ARIA   ARIAD PHARMACEUTICALS INC
23 0 0
Looking for a long entry into $ARIA at today's levels after breaking 5 year chart 200 day moving average. Stop is just below the 200-Day Moving average in the $9.50 range. Short term strength showing in the 40/50-day moving average crossover. Risk $2 for potential return to $20 range giving a 5:1 reward to risk ratio.

Long-term entry no stop adjustment until 25% initial move in upward direction.
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