This is not a financial advice! Upcoming catalysts on 18/5/2023 and 22/06/2023 We can accumulate here in the 13 zone, we could drop even furhter to support to the 11 zone. I assume that wie are seeing a pre run up into the events. One strategy could be only playing that and sell before the news. SL under 10 TP 1 : 22 If we get a positive results from...
$ICPT trading in supply with a head and shoulders pattern. The right shoulder has been consolidating for a while, so the h&S may be rather weak. Also watching for a breakout to the upside if supply is breached.
Short interest is a bit over 45% depending on where you look. Some would calculate targets at these levels. Bearish Harami right now that can change by close. When short is this high, sometimes it can cause a squeeze. Not a frequent occurrence but it does happen. No recommendation. A short squeeze occurs when a stock moves higher and short sellers decide to...
ICPT: Intercept Pharmaceuticals, Inc. 2022-07-07 07:30:00 Intercept Announces Positive Data in Fibrosis due to NASH from a New Analysis of its Phase 3 REGENERATE Study of Obeticholic Acid (OCA)
This is not a trade advice, this is my personal opinion and it may be wrong. Constructive criticism is welcomed!
There are two high gaps it needs to fill. These gaps are on the daily, and,... do not get filed over night (which comes from OTC moves/"bets"). By mathematical law you cannot add a level or volume without it being on the permanent record (LEDGER)... There is 1 perfect ledger that will fix all of this>>> Understand Bitcoin patterns. They move 24 hours all day you...
ICPT: Intercept Pharmaceuticals, Inc. 2021-08-10 21:43:33 Intercept Pharmaceuticals Announces Convertible Notes Exchange, New Issuance and Stock Repurchase
Big recent purchase from Director in March. $5m+ at 21.17 and 56% increase. Break above 22.57, Stop signal 19.21. Target 1 27.78., Target 2 Momentum. September $25 call options are $2.25
Short squeeze candidate. 21.5% short float. Watch for a break of 22.09. Stop signal 20.43. First target 24.43. Second target 25.87.
Try to buy historical low Downtrend Wedge near breakout RSI Divergence WR>-80 (my scripts: Williams %R two lines) Entry 18 Stop 15 Target 28 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
Looks like it's ready for a bounce holding support.
NASDAQ:ICPT The reasoning is shown in chart
If this shape is going to complete its goint to be a reversal for a long term run and now its a good price to buy!. with a stoploss around 17