ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD)

Acadia Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders.

Take a look at the 1-year chart of Acadia (NASDAQ: ACAD) below with added notations:

1-year chart of Acadia (NASDAQ: ACAD)

After popping nicely last month, ACAD has now moved into a small, sideways trading range. While in the range, the stock has formed a key resistance level at $22 (red), and a $20 support (green). At some point the stock will have to break one of the two levels.

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Splunk Inc (NASDAQ: SPLK)

Splunk Inc. provides software solutions that enable organizations to gain real-time operational intelligence in the United States and internationally. Its products enable users to collect, index, search, explore, monitor, correlate, and analyze data regardless of format or source.

Take a look at the 1-year chart of Splunk (NASDAQ: SPLK) with the added notations:

1-year chart of Splunk (NASDAQ: SPLK)

SPLK has a key level of support at $95 (green). The stock looks like its on its way back down to that level again, and traders should be able to expect some sort of a bounce from there, if it does. However, if the $95 support level were to break, lower prices should follow.

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Fate Therapeutics Inc (NASDAQ: FATE)

Fate Therapeutics, Inc., a clinical-stage biopharmaceutical company, develops programmed cellular immunotherapies for cancer and immune disorders worldwide.

Take a look at the 1-year chart of Fate (NASDAQ: FATE) below with added notations:

1-year chart of Fate (NASDAQ: FATE)

FATE had been trading overall sideways for most of 2018, while stalling at the $14 level (green) each time it was approached. That level was also FATE’s 52-week high resistance barrier, and now that the stock has broken above it, traders might look to enter a position during the current pullback down to the $14 area.

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Alcoa Corp (NYSE: AA)

Alcoa Corporation produces and sells bauxite, alumina, and aluminum products. The company offers aluminum sheets for the production of cans for beverage and food. It also engages in the aluminum smelting, casting, and rolling businesses; and generation and sale of renewable energy, as well as provision of ancillary services.

Take a look at the 1-year chart of Alcoa (NYSE: AA) with the added notations:

1-year chart of Alcoa (NYSE: AA)

During the past three months, AA had formed a very important level of support at $40 (green). Yesterday saw the stock break below that support. Not only does that imply lower prices for AA, but the $40 level will most likely act as resistance on future rallies.

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Jeld-Wen Holding Inc (NYSE: JELD)

JELD-WEN Holding, Inc. manufactures and sells doors and windows primarily in North America, Europe, and Australasia. The company offers a line of residential interior and exterior door products, including patio doors, and folding or sliding wall systems; non-residential doors; and wood, vinyl, and aluminum windows.

Take a look at the 1-year chart of PTC (NYSE: JELD) below with added notations:

1-year chart of PTC (NYSE: JELD)

After declining for most of the year, JELD has settled into a sideways trading range. While in the range, the stock has formed a key resistance level at $27 (red), and a $24 support (green). At some point the stock will have to break one of the two levels.

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