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Ariad Pharmaceuticals Inc. (ARIA) stock is gapping up another 13% to $5.80 this morning after shares broke two key resistance levels on Monday. ARIA will now have resistance around $6 but then nothing major until $10. I'm not saying ARIA will rally to $10 but I doubt we will see a pullback to $4 anytime soon unless bad drug data is released. From here on out, ARIA is a strong buy when it breaks to a new daily high after the open.
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