Not a surprize. We are Over Bought. They make pennies. Much easier to go long and let the Newbies and Shorts do the Heavy lifting.
OK so now that mention of a Bearish Harami is now removed. It could show up again. But you have to wait till the end of the day ( sometimes the next day) to eval the candle pattern.
Its a computer generated Candlestick Pattern recognition program. That Harami is the way it looks to the program at an earlier point TODAY....The day is not over yet. Plus, I don't interpret the pattern in the same manner as a computer. My computer (experience) tells me it doesn't look exactly like the other bearish haami that I have seen. So for me its a wait and see. Search Bearish Harami and see if they look the same as today's ACAD candlestick chart. Then tell me what you think. Should be a small black(or Red ) candle forming within the same range of a White( or green ) Candle from the previous day. This "early " call by the computer Program is just saying what may be forming. The day has to finish and you have to evaluate it yourself. I think the program tends to be a little premature. Even if it is a Bearish Harami we are in an Over Bought position and due for a pull back. It might give you a chance to get some cheap shares. I have a question for you. What Candle types seem to have the most influence in our chart? It ain't the Harami.
Acadia Pharmaceuticals Incorporated
Daily Short Sale Volume
Short Interest (Shares Short)
Days To Cover (Short Interest Ratio)
Short Percent of Float
Short Interest - Prior
Short % Increase / Decrease
Type Value Conf.
resist. 45.88 2
supp 38.32 6
supp 36.46 4
supp 35.04 6
supp 33.95 2
supp 33.02 3
supp 30.98 2
supp 30.40 4
supp 28.88 4
supp 28.21 2
supp 26.54 3
Recent CandleStick Analysis
Ind. short Inter Long
EMA VBu VBu VBu
MACD N Bu VBe
Fibs VBu Be Be
Highs N N VBu
Lows N VBu N
Trends N VBe N
Analysis Overall Short Intermediate Long
Neutral (0.20) Bullish (0.31) Bullish (0.25) Neutral (0.03)
We now have a Bullish short term and Intermediate analysis. Not long ago all were Bearish. As far as the S& R goes note the previous weak resistance at 39.96 is now off the list and the Support level is higher at support 38.93-all good signs. My concern in the short term is will we stay in this level till the CEO announcement? And we are already in an over bought level, but it could stay that way for a while. Sooner or later it will pull back some. That's when you scoop up those cheap shares. SAFE HARBOR: MAKE YOUR OWN MISTAKES IN LIFE.
Very well you are cast down with the Sodomites. To the Iggy basement. Think of me when you hear the chant...Fresh Fish, Fresh Fish ! IGNORED.
The TA is really starting to look more bullish. Shorts are in for a rude awakening. Very little resistance ahead and support strengthening. My SAFE HARBOR : MAKE YOUR OWN MISTAKES IN LIFE.
Besides if it were some kind of buy ($38.82) - sell (39.07) he made about $8700 first trade, even less the 2nd time he did it. So he makes approx $16K, both trades total. Nice work within a total time of less than 2 min. That is not trading manipulation...that is just what it is, BUY LOW, SELL HIGH on a micro basis (sp difference of 15 cents, then 13 cents. He can do that with the major bucks he has.
10:21:57 $ 39.07 34,800
10:21:14 $ 38.82 34,800
11:16:57 $ 39.07 34,771
11:16:17 $ 38.84 34,800
Well whatever the reason it didn't alter the chart much. If all buys total cost was approx $5.42 Million. if they were buy & sells then ?
I thought about posting about a potential ascending triangle-like pattern, but most here are not interested in candlestick patterns. Also it is very easy to mistake one pattern for another. They have a way of breaking out of the pattern you predict. Many patterns are only noted in retrospect. Look at the short that has his money on the head & shoulder pattern. He is losing his A$$. The pattern is really a reflection of the fundamentals and at this point it is very News Dependant. We get a great CEO announcement and yes we might see that higher range. We get Davis...maybe not.
when you look at the chart and click on "3M", you will no longer get the 3 month chart. What you have to do is either click on 1 mo or YTD or 1 year then with your little roller thing on your mouse manipulate the chart the way you want it. You can move the chart around or stretch it out etc.
I gave you a thumbs down for your unsubstantiated BULL. Next time I just send you into the world of IGNORE, into NOTHINGNESS.
Needham was a Excellent review.
If you are long or considering ACAD, you should listen to this presentation. So the presentation today was a great review of Acadia & PIMA, In a way, it may have been a trial for Davis. Put him out front and see if he can think on his feet. Actually, I think he did really well. He didn't seem to be reading his presentation. Anyone think their presentations are getting a little faster ? Seems like Davis is fast on his feet. One of the key slides was # 19, showing all the diseases that over lap Psychosis, Neurological ( PDP, ADP, LEWY BODY DEMENTIA) and Psychiatric (SCHIZOPHRENIA, DEPRESSION, MANIA). Also must see slides 26 & 27 to see whats ahead. Pricing - not announced till Approval. But Abilify $13,000/year is used to give a comparison. Patent good till 2028. The NDA & Clinical systems are ready , but need more time to pass the QA/manufacturing part. Payer reimbursement being evaluated in Europe now. Nice presentation.
Ah, spader I thank your for the help. But you don't control me. S&R is info I use. I refer back to it often. If you can't use it don't read it. I post it in plain English, so you should be able to just ignore it. Thats what you have control of. If it really annoys you place me on Ignore then you don't have to see it. You can't make it rain either.
spader rather than getting yourself in a fit. Just put him on Ignore. I have had him on Iggy soon after he started his Xerox copy machine posting.