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ACADIA Pharmaceuticals Inc. Message Board

  • thetechtraderca thetechtraderca Mar 26, 2013 8:02 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on ACAD at TheTechTrader site noting: ACADIA Pharmaceuticals Inc. (ACAD), which exploded two days ago, backed off yesterday, and then came on again on Monday. It started the day with a pop and a pullback, a nice, early run, it rolled over and came down, rolled over again and did about a 50% retrace, snapped back, but couldn’t get through. The declining topsline and the raising-bottom line are narrowing to the apex of a large coiling pattern. It needs to be watched the next couple days. If it gets up through resistance at 8.55-.70, this stock could take off. The daily chart shows that if it can get up through the 8.81 area, this stock could spike up to the 10-11 zone.

32.70-0.98(-2.91%)Sep 29 4:00 PMEDT