ACORDA THERAPEUTICS INC

ACOR just started to make upward run. It got good moneyflow accumulation. Overall looks very good long setup. * Trade Criteria * Date First Found- June 20, 2017 Pattern/Why- Breakout Momentum Long Entry Target Criteria- Break of $18.03 Exit Target Criteria- $19.83 Stop Loss Criteria- $17.06 Please check back for Trade updates. (Note: Trade update is ...

1. Strong Mo. support level; ----------------------------------- BUY-> $16.50; STOP -> $15.40; TARGET -> over $28.00 and more;

The share can be equal to sell in trend direction or wait for pullback @ 28

acor sits at a support level of 28.5 where price shows indecision its now a mather of how this resolves itself a breakout to the downside will most likley yield into a broken support and therefore a further decline *however if someone is buying into that breakout (fade it) we may reside in the range and reject support for the time beeing (fakeout)

ACOR has declined down to the 300-day moving average. Today it completed a double bottom, bouncing off the moving average while MACD's blue line has crossed the slow moving average. Stop loss will trigger only on a CLOSE below today's candlestick low, and it may convert into a trailing stop, using either the 12 or 60-day MA.

Notes on the chart..if you decide to take a trade make your stop loss at recent swing low and target price noted on the chart. Checkout our site if you are interested in real time alerts www.2waytrading.com

Good ptencial