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ZELTIQ Aesthetics, Inc. Message Board

thetechtraderca 141 posts  |  Last Activity: 8 hours ago Member since: Feb 4, 2013
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  • thetechtraderca by thetechtraderca Oct 29, 2014 10:17 AM Flag

    Harry has posted Charts of the Day video on ACHN at TheTechTrader site noting: Achillion Pharmaceuticals, Inc. (ACHN) popped out of its pattern on Tuesday, got up to 12.62, but it closed rather poorly, in my opinion, at 11.94, or 17 cents, and only 1.44%, on 6.6 million shares. The truth is it’s a lot of stock, but it didn’t close well. It could be a sign of distribution, but I don’t think that’s the case. A lot of cross concepts for sure, but it’s still holding its moving averages, and it has broken back out, and closed right on resistance at the 11.94-12.00 range. So let’s just see if there’s a follow-through, and if there is, I’m looking for a retest of the 13.80 range, and then 15.00.

ZLTQ
31.70-1.13(-3.44%)Jan 28 4:00 PMEST

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