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Acadia pharm

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NASDAQ:ACAD   ACADIA Pharmaceuticals Inc.
On March 9, the FDA identified flaws in ACADIA's application for a new drug for Pimavanserin to treat hallucinations and delusions associated with psychosis and dementia.
By April 3, Acadia is likely to receive a full response letter from the FDA.
DRP approval of Pimavanserin is unlikely, but possible.

The stock bounced off 24.00, then 26.00 and 27.00. The figure W is formed
Accumulation for a jump takes 4 days, then a shot.
Risk 1: 5

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