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kirch806

Biotech name using fib extension and support/resistance levels

Long
ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD)  
kirch806  
NASDAQ:ACAD   ACADIA Pharmaceuticals Inc.
Support and Resistance Fibonacci Flag ACAD XLV biotech biotechnology
1
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supportandresistance fibonacci flagpattern acad xlv biotech biotechnology
ACAD
snapshot
100% fib extension coincides with resistance level from ER gap down at the end of February.
Stock has not only weathered the recent market sell off but also printing a bull flag.
Anticipating a continuation of advance coupled with increased volume.
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