Stock Chart Analysis ACAD

Posted by downtowntrader | 7/15/2007 07:07:00 PM | 0 comments »

Stock Chart Analysis ACAD

ACADIA Pharmaceuticals Inc. (Public, NASDAQ:ACAD)

ACAD had a huge breakout in late March and has been trading sideways since then for the most part. It may be early here, as ACAD could return to fill the bullish gap highlighted in green below. However, there is a chance that the gap is of the breakaway variety and that ACAD is just beginning to resume the uptrend.

Good Trading,


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