ACAD confirmed breakout

good volume on the start of this breakout

BREAKOUT CONFIRMED breakout above 14.05, no resistance in area just above.
Type: True breakout from double resistance.
Target: 17, 19.5% Stop: 13.15, Loss: 7.6%, Profit/Loss ratio: 2.6 : 1 - Good



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

 

holding firm with the current market conditions and looks like it wants to move higher again

 

two weeks later and it looks like we are ready to make another move higher.