TripleThreat

Trade and Long Position

Long
TripleThreat Updated   
NASDAQ:ACAD   ACADIA Pharmaceuticals Inc.
I like the long term prospects/products in this company but i also see a channel forming that could yield 10% per trade.

33.29 is resistance
30.26 is support

Looking to get in around 30.5 and out around 33.00. Will firm it up if trade goes active.

I hold long term positions for 1+ years and re-evaluate actively.
Happy Investing!
Comment:
Hanging in the channel!
Comment:
Waiting for a pullback on this one so I can get in.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.