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andrew.berg

ACAD bear flag breakdown

Short
ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD)  
andrew.berg  
NASDAQ:ACAD   ACADIA Pharmaceuticals Inc.
Bearish Flag FLAG break breakout breakdown trend
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bearishflag flag break breakout breakdown trend
ACAD was holding major support $20.06-21.33 since October 2013 and now it acts like resistance.

Today ACAD triggered ENTRY short below consolidation support at $19.00ish area.
TARGET is April's low at $15.58
STOPs above 21 moving average

Idee correlate

andrew.berg
PCYC bear flag, buyers failed above $97
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GS bear flag/triangle
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CELG looks ready to make move lower
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BEN descending triangle, potential breakdown
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