ACAD 4H – Base after September crash, lower high broken, long to

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ACAD 4H – Base after September crash, lower high broken, long toACADIA Pharmaceuticals Inc.BATS:ACADAh132ACAD dropped hard in late September and has been building a base since October. Price has now broken above the last lower high around 20.00, retested the breakout zone and is holding above it. What I'm watching: • Lower high broken → possible trend reversal • Higher low formed around 18.90 • Retest held above the breakout level • Next major resistance: the September high around 28 Trade plan (4H): Entry: 20.20 Stop loss: 18.60 Take profit: 28.06 Risk/Reward ≈ 1:4.9 ⚠️ Earnings are expected in early November. Biotech can gap hard on earnings, so size your position accordingly. Halal-screened stock · Spot only · No leverage. Not financial advice. Do your own research.