Stock Chart Analysis ACAD

Posted by downtowntrader | 7/25/2007 09:55:00 PM | 0 comments »

Stock Chart Analysis ACAD

ACADIA Pharmaceuticals Inc. (Public, NASDAQ:ACAD)

ACAD is a chart I highlighted recently, and everything I wrote still stands. It has not been influenced by the recent bearishness in the markets and started to move off the 20 sma today. If tomorrow is a strong day, which I suspect, then ACAD may breakout.



Good Trading,


Joey

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