Ariad Pharmaceuticals Inc fka ARIA

[IIIverson]

I don't think I really predicted anything. I maybe made some observations based on the ARIA charts... I look at a lot of charts and on as many different time scales as possible to see where things might line up in the future (1 min, 3 min, 5 min, 15 min, 30 min, 60 min, daily, weekly and monthly).

Here are the ARIA charts that I look at (I also have others charts that I pull up on my software, Scottrade Elite). There are many types of charts, which all provide different points of view (P&F, RENKO, ICHIMOKU CLOUDS, many others).

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=77713212

When I look at charts I try to take notice of patterns and trends. What I find very important are how the MOVING AVERAGES line up with each other (mainly the 8 ema, 21 ema, 50 sma, and 200 sma)on all time scales.

If you are looking long term (like many of us on ARIA do) then you would want to focus more on the daily, weekly and monthly charts.

Some people say that they dont believe in TA... yet you find them looking at that price everyday. That makes no sense to me. Its like saying you don't believe in flying but you are a bird watcher.

But to try to answer your question, I just keep watch on the charts and keep my mind open. I will always be biased (based on my position) on the charts, but I still have to take note of trends and patterns that start to break "the other way".

I would recommend to anyone who trades or invests to study TA and understand it. The more you know...