Acadia Pharma (ACAD) Hits New 52-Week High on Volume Over Key Resistance Level
Tweet Send to a FriendGet Alerts ACAD Hot Sheet
Currently, about 4.6 million shares have traded compared with the daily average that is just below 1 million.
Causing the increased volume is ACADIA moving above the $2.80 level. That level was largely a resistance point for the pharma in September, which shares were parabolic.
With the exception of a spike higher in April 2011, this is the first time ACADIA has been back above $3 since September 2009.
The stock is currently up 1.5 percent on the session.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Chile regulators stopped build, imposed sanctions on Barrick Gold (ABX)
- InterOil (IOC) Gives Up Gains
- Pandora (P) Trades Strong Into Q1 Results
Create E-mail Alert Related Categories
Technicals, Trader TalkComments View All Comments
Hah
Are u kidding me? What a joke, I personally plan to buy back at these prices, the market will adjust, plenty of time.
Hah might want to follow Adam F.
Just follow Adam F. from the street, you'll lose all your money and could spend your time bashing real idiots like yourself. Some people should stay away from the markets...it's for grown folks.
What an idiot
HAH,
If you are so big on ACAD, then Sheff just gave you another opportunity to buy more shares at a discount. If the data is good like you say it most likely will be then you have nothing to worry about. What price did you get in at? Why don't you just donate some cash to ACAD instead of playing the market, you obviously don't know sh*t.
Hellen is a...
Learn the game Hellen...really? Blaming everything on Sheff is seriously pathetic. Learn to leave your emotions out of investing...idiot!
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!


............
And a huzzah to you on Oct 5, 2012 11:46 PMMark as Spam | Reply to this comment
You must be on the placebo.