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Analysis: #NASDAQ $ICPT

Case 435 #InterceptPharmaceuticals Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#ICPT 1/4
Chart 1
Weekly Chart: The strong #bearish close below the #confluence of #Fib. 0.886 and Mar. 2020 #pivot at 72.57 and 71.82 left a large unfilled gap at 50.00 - 75.50. #Momentum is negative and falling, a close/hold below 41.67 will cause further .....

ICPT 2/4
..... damage and target synthetic #support at 36.59, farther down another synthetic appears at 14.98, below the all time low of 18.06.

ICPT 3/4
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