traderinsight

Anticipating ACAD Fast Ball break to the downside on Tuesday

Short
NASDAQ:ACAD   ACADIA Pharmaceuticals Inc.
ACAD looks ready for a Fast Ball Expansion-of-Range-and-Volume move lower on Tuesday. The stock made a textbook break on Monday, and closed on heavy institutional pressure. A continuation entry Tuesday will target underlying daily support. We will close the trade at the target or the end of the session - whichever comes first.

ACAD

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