ACADIA HEALTHCARE

NASDAQ

ACHC

$ACHC Forming possible spinning top on weekly chart right at the December gap-fill resistance around $29. After big earnings miss last quarter and removal of CEO in December, not much positive fundamental news to attract buyers leading up to another earnings release in late February. Targeting next support level at $20 by March. Also of note, some unusual bearish...

Looks very similar to a year ago. Expect to bounce off the "rim" of cup. Needs to break above 33.6, possibly late Feb. 2018

waiting for breakup

www.tradingview.com Target is floating and not set. If the trade is successful, I will close once it hit's SMA200 again.

Adding to the Watchlist

Technically Speaking Acadia Healthcare Co is sitting at a support level that was last tested in 2014, roughly 40. Will it hold this level? Who knows. What to do? Looking at the chart it would seem the R/R favors being long at these levels. A stop somewhere under 36 makes sense. Just have a place that you will EXIT. The number one job of a trader is to protect...

is strong during a difficult time in main indices reached target on 29th Nov 2013

Buy STOP @ 39.10 with an initial SL @ 35.88 (8% max. Risk) which is also the high of the previous box. After 2 month of a sideway move we see new highs. We will see if ACHC is following the broad markets down nowadays. closed on 31st oct