ACOR - What Acorda Therapeutics is Telling us About its Future
The next move in a stock's price is often identifiable in advance. This Acorda Therapeutics (NASDAQ: ACOR) report attempts to do that, and in the process help investors learn how price acton can be revealing. Trading plans for ACOR make these observations actionable, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports .
Technical Summary
| Term ? | Near | Mid | Long |
|---|---|---|---|
| Bias | |||
| Weak | |||
| Weak | |||
| Strong | |||
| P1 | |||
| 0 | |||
| 0 | |||
| 3.80 | |||
| P2 | |||
| 5.45 | |||
| 5.63 | |||
| 5.43 | |||
| P3 | |||
| 5.75 | |||
| 6.18 | |||
| 7.28 |
Long Term Trading Plans for ACOR
March 23, 2021, 6:45 pm ET
The Technical Summary and Trading Plans for ACOR help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this ACOR Report.
ACOR - (Long) Support Plan
The technical summary data tells us to buy ACOR near 3.80 with an upside target of 5.43. This data also tells us to set a stop loss @ 3.79 to protect against excessive loss in case the stock begins to move against the trade. 3.80 is the first level of support below 5.33 , and by rule, any test of support is a buy signal. In this case, support 3.80 would be being tested, so a buy signal would exist.
ACOR - (Short) Resistance Plan
The technical summary data is suggesting a short of ACOR as it gets near 5.43 with a downside target of 3.80. We should have a stop loss in place at 5.45though. 5.43 is the first level of resistance above 5.33, and by rule, any test of resistance is a short signal. In this case, if resistance 5.43 is being tested, so a short signal would exist.