keekthedeek

Big move coming, which way is the question..

NASDAQ:ACAD   ACADIA Pharmaceuticals Inc.
ACAD .. I have been along with this one for a few months now. Around this price range is where we see big-time moves. This $21.88 level is a key level for this stock. It has been in a downtrend since it hit its 3 month high at the end of December. With how the market has been to begin this year, the downtrend seems more likely to continue. There is a good chance we see a bounce at this level considering there is not much volume until that $21.88 level, but only to again try to break out of this downtrend. I bet we see this big level tested in the next couple of days to see if it breaks down.
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