ACAD - High Tight Flag - 2010-01-11

ACAD Trade Summary

Performance metrics and trade details for ACAD breakout.

Stage
Catalyst
Risk
None%
Gain %
None%
Trade Duration
0 days
Market Condition
Market Cap
$NoneB
Shares Float
NoneM
Entry
Stop
Exit
About

ACAD surged over 100% in just a few days before consolidating into a tightening triangle pattern over the next two weeks.

A breakout above the upper trendline provided an ideal entry, with the 10 EMA serving as a trailing stop.

This setup offered the potential for a 40% gain in four weeks.

Before Breakout Daily

ACAD - High Tight Flag - 2010-01-11 before breakout daily

After Breakout

ACAD - High Tight Flag - 2010-01-11 after breakout