She also has a catalyst event coming on April 3rd. Input and thoughts appreciated.
RSI is then 30 on the 2 day chart (strong buy signal)--- STOCK bottomed out Trendline from 2019 will hold there FIB 0.61 (golden fib zone) will hold there
Cup & Handle pattern Daily hidden bullish divergence on the MACD and RSI The 'Handle' respected the 0.618 fib. retracement well Stop = Under 0.618 fib. retracement Target = 1.618 fib extension
ACAD is in the final stages of forming the handle on this cup and handle potential. Needs to close above $57.20 then off to the races. Anyone else gonna join in once this completes?
I am back in ACAD. I expect it to get up to 56-57 to complete the handle. Then, probably break higher from there.
ACAD is not quite to yearly cup and handle break out, or basically the yearly high. Acad looks to have been in a big fat rising wedge pattern then media and powers above, decided to end our society as we know it at least for 2020, and down she went. Earnings were 11-4 and they missed on revenue so I am not even sure what propels this one..just seems it is usually...
ACAD Hourly. Is that a type one entry ??
The pharmaceutical sector is one of the most interesting ones in such a troubled period. I see some growth potential for $ACAD in the short term. It is showing a positive trend that is already consolidated and heading for a possible TP of around 44-45$ I see this level as an important resistance since it has been tested repeatedly in the past. ***As usual, not...
If I were to go long on this one, I would take the R that will possibly be encountered at bottom of gap down at 48.15ish in to account and possibly use that as a target as well unless it breaks through it unexpectedly. If it stalls there, I would perhaps sell and wait for a pull back to re-enter ACAD has not fallen the entire drop to Point A of the rising wedge,...
ACAD messed up somehow, probably an earnings miss on top of the rising wedge pattern it has been in for a long time. Total width of rising wedge is 24ish and they can fall this width. A strong stock does not usually do the entire width. Oversold and has broken through at least 2 strong support levels. This is a wait and see for me and a wait until bottom forms...
These post BO entries are usually a bad idea if they happen more than 1 day after the BO. AMD and LRN pullbacks happened next day. Jul 13, 2020 15:10 Shares traded: 166 Closed P&L: $-398.40 Share trade Tags: ibkr Edit Tags Add Notes Execution detail:Advanced > Date/time Symbol Qty Price Position 2020-07-13 15:10:49 ACAD 83 $53.390 83 2020-07-21...
Acompanhado a tendência do setor de medicamento, acredito que aparte dessa zona teremos um período de alta.