ACAD breakout watch

Discussion in 'Stocks' started by Stocks4life, Sep 5, 2013.

  1. intraday price and volume spike, watch for breakout above 21.27 (triple resistance) and two month price consolidation area

    BREAKOUT WATCH for possible breakout above 21.27, no resistance in area just above.
    Type: True breakout from triple+ resistance.
    Target: 25.39, 19.8% Stop: 19.86, Loss: 6.3%, Profit/Loss ratio: 3.1 : 1 - Excellent

    CURRENT PRICE 21.2, at resistance or support, 20.44 ± 0.82, type triple+, strength 10
    RESISTANCE ABOVE None.

    SUPPORT BELOW -16% at 17.81 ± 0.71, type double, strength 7
    -31.7% at 14.47 ± 0.58, type double, strength 10
    -37.6% at 13.22 ± 0.53, type single, strength 5

    [​IMG]

    source: <a href="http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ACAD"><u>ACAD at StockConsultant</u></a>