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Acorda Therapeutics, Inc. (ACOR) Message Board

  • equityvaluation equityvaluation Aug 13, 2012 6:53 PM Flag

    ACOR onward to $26-$26.65

    From a technical perspective, ACOR is gapping up here with above average volume. This move is occurring near some previous support levels at $21.33 to $21.46.

    Traders should now look for long-biased trades once ACOR clears today’s high of $22.95, and then once it takes out both its 50-day at $23.72 and its 200-day at $24.28 with high volume. Look for a sustained move or close above those levels with volume that’s near or above 326,581 shares. If we that action soon, then ACOR could re-test and possibly take out its next major overhead resistance levels at $26 to $26.65.

25.50+0.11(+0.45%)Jun 30 4:00 PMEDT