Find Relief in ACOR

Free Pattern Blog Weekly Newsletter And RSS Feed

Subscribe to the Price Patterns Newsletter. It's free!

The Price Patterns Newsletter is sent a few times per month to provide you with a recap of the trades, outlook for upcoming trades, highlight of actionable patterns, or detail of important market developments.

We respect your privacy and will never rent, sell, or misuse your e-mail address in any way. You can opt out of the newsletter at any time.

How to use RSS Feeds

Subscribe to the Pattern Blog RSS feed. Get blog posts sent directly to your feed reader. Click on the image above to get the feed.

Trading Price Patterns Sponsors

Pattern Blog Search, Archives, And Categories

Free Trading Reports

Posted on Monday, July 28, 2008 at 11:28AM by

Price Patterns in Bullish Flag

Drug stocks are providing some relief to the bulls. Between the recent takeover of Genetnech (DNA) and this morning's good news for Amgen (AMGN), there are plenty of reasons to be bullish on pharma and biotech.

Acorda Therapeutics (ACOR) is a stock within the group that's worth watching. ACOR is plowing its way higher after a big gap up move in early June. Moves like these can follow-through for months. Look for ACOR to continue pushing higher, following its most recent breakout from a bull flag.

View Printer Friendly Version

Email Article to Friend

Disclaimer: The information on TradingPricePatterns.com and the Pattern Blog has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as a representation by TradingPricePatterns.com. The risk of trading can be substantial and each investor and trader must carefully consider his/her risk tolerance, time horizon, financial goals, and available account equity.

Past performance is not indicative of future results.

Futures Trading Disclaimer: Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. Transactions are heavily "leveraged," meaning you can lose more than you invest.

Forex Trading Disclosure: Trading cash, or spot, Foreign Exchange (FX) contracts carries the same high level of risk as futures trading. However cash FX, unlike futures FX contracts that are regulated by the Commodity Trading Futures Commission, are not regulated by any governmental agency. Trading FX carries a high level of risk and may not be suitable for all investors.