ACAD breakout watch

looks like a move higher here maybe to 10 or 11

BREAKOUT WATCH for possible breakout above 8.57, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 10.16, 22.3% Stop: 7.71, Loss: 7.2%, Profit/Loss ratio: 3.1 : 1 - Excellent

CURRENT PRICE 8.31, at resistance, 8.2 ± 0.37, type single, strength 8
RESISTANCE ABOVE None.

ACAD_3_26.png


source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=ACAD
 

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