Better to stay above 34$ for the next level above 40 (next stair). Good-luck. Not recommended to buy or sell ICPT Stocks Just answered to @DreDancesnRuns question.
Hi Guys, I want to show my point of view on ICPT stock, if the actual trend is supported with Volume I think the most conservative target is 60$ because it would try to close the gap, if we want to see it more long term, let's say for the next year a target of 100$ dollars could be reasonable.This Is a small market cap stock so this big movements are very likely...
What Is a Short Squeeze? A short squeeze occurs when a stock or other asset jumps sharply higher, forcing traders who had bet that its price would fall, to buy it in order to forestall even greater losses. Their scramble to buy only adds to the upward pressure on the stock's price KEY TAKEAWAYS *A short squeeze accelerates a stock's price rise as short-sellers...
A symmetrical triangle is noted. S Triangle is a period of consolidation and is often a continuation of prior trend. The prior trend is down. There is no way that I would try and guess which way it will break right now. Short interest over 19% While there are instances when symmetrical triangles mark important trend reversals, they more often mark a continuation...
Not for any advise Just an Idea.
ICPT is a perfect example. The chart was "nuked" before the open to multi-year low. It is not the best way to trade stocks however if you really want to buy ICPT on the cheap, wait until the 3rd day, near the close.....if there is a 'sign' then.
This is a Bullish indicator signaling ICPT's price could rise from here. Traders may explore going long the stock or buying call options. I identified 43 similar cases where ICPT's MACD histogram became positive, and 35 of them led to successful outcomes. Odds of Success: 81%.
Not for a suggestion buy or sell.
The price has retested previous support level, I'm going to short it below 74.5!
71.8 is now should be support Not for a suggestion!
Bullish cup and handle reversal is an option
Anticipated U.S. approval – PDUFA date: June 26 Not for a suggestion - Just an option. and if not, follow the Fibo support (50% is the critical, 38% is the first) Good-luck to all
ICPT has been driving down since January. Potential catch here of fib level (purple) watching closely. Let previous day range get taken out before entry.
Weekly has double bottom, 120 break for next leg up
Good - luck Merry Christmas to all.