NASDAQ:ACOR Looking at a short position under 12.92 upon breakdown of the descending triangle . Original stop will be placed at 3.18.
ACOR Detected possible FDA approval this morning!!!
ACOR has declined down to the 300-day moving average. Today it completed a double bottom, bouncing off the moving average while MACD's blue line has crossed the slow moving average. Stop loss will trigger only on a CLOSE below today's candlestick low, and it may convert into a trailing stop, using either the 12 or 60-day MA.