Investing_Fellow

Acadia: Stochastic Oscillator Upturn

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Investing_Fellow Uppdaterad   
NASDAQ:ACAD   ACADIA Pharmaceuticals Inc.
Stochastic Oscillator shows upturn for Acadia. Ichimoku Cloud support is very important in this case since today's session is not breaking it and could demonstrate positive trend force.
Please note that biotech companies present high uncertainty.

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Still believe Acadia is worth a long position with these technicals. However, if you like intraday trades and do not want to expose to high uncertainty risk (biotech), you can take profit after yesterday's close.

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