Some charts of Acadia as the stock is now making new highs on a weekly basis.
.png)
.png)
Above daily chart is a nice looking breakout to new highs. Even though overbought somewhat on the daily, the chart can stay overbought for much longer on a technical basis.
On a comparative basis, ACAD has outperformed the XBI biotech sector and the S&P 500 the last three days, as the market has sold off. Thank you for reading.
No comments:
Post a Comment