How the (ACOR) price action is used to our Advantage
February 17, 2024, 01:44 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for ACOR
- Buy ACOR slightly over 13.76 target 17.41 stop loss @ 13.72 Details
The technical summary data tells us to buy ACOR near 13.76 with an upside target of 17.41. This data also tells us to set a stop loss @ 13.72 to protect against excessive loss in case the stock begins to move against the trade. 13.76 is the first level of support below 14.8 , and by rule, any test of support is a buy signal. In this case, support 13.76 is being tested, a buy signal would exist.
- Short ACOR slightly under 17.41, target 13.76, stop loss @ 17.46 Details
The technical summary data is suggesting a short of ACOR as it gets near 17.41 with a downside target of 13.76. We should have a stop loss in place at 17.46though. 17.41 is the first level of resistance above 14.8, and by rule, any test of resistance is a short signal. In this case, if resistance 17.41 is being tested, a short signal would exist.
Swing Trading Plans for ACOR
- Buy ACOR slightly over 14.88, target 15.53, Stop Loss @ 14.84 Details
If 14.88 begins to break higher, the technical summary data tells us to buy ACOR just slightly over 14.88, with an upside target of 15.53. The data also tells us to set a stop loss @ 14.84 in case the stock turns against the trade. 14.88 is the first level of resistance above 14.8, and by rule, any break above resistance is a buy signal. In this case, 14.88, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ACOR slightly near 14.88, target 13.76, Stop Loss @ 14.92. Details
The technical summary data is suggesting a short of ACOR if it tests 14.88 with a downside target of 13.76. We should have a stop loss in place at 14.92 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 14.88, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for ACOR
- Buy ACOR slightly over 14.88, target 15.21, Stop Loss @ 14.85 Details
If 14.88 begins to break higher, the technical summary data tells us to buy ACOR just slightly over 14.88, with an upside target of 15.21. The data also tells us to set a stop loss @ 14.85 in case the stock turns against the trade. 14.88 is the first level of resistance above 14.8, and by rule, any break above resistance is a buy signal. In this case, 14.88, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short ACOR slightly near 14.88, target 13.76, Stop Loss @ 14.91. Details
The technical summary data is suggesting a short of ACOR if it tests 14.88 with a downside target of 13.76. We should have a stop loss in place at 14.91 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 14.88, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Acorda Therapeutics Inc. (ACOR) available here: ACOR.
ACOR Ratings for February 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Weak |
Neutral |
| P1 |
0 |
0 |
10.81 |
| P2 |
15.21 |
14.88 |
13.76 |
| P3 |
15.64 |
15.53 |
17.41 |
AI Generated Signals for ACOR
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Acorda Therapeutics Inc. (NASDAQ: ACOR) data table below can help you with price action, and we have more details too. Trading plans for ACOR are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for ACOR:
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