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
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
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
ICPT 3/4
Chart 2
Daily Chart: Aggregated short-term sales are still positioned at 53.55 - 56.69 with Dec. 2019 #trendline #resistance at 74.89.
The #Strategy is printed on the image.
$ICPT 4/4
Daily Chart: Aggregated short-term sales are still positioned at 53.55 - 56.69 with Dec. 2019 #trendline #resistance at 74.89.
The #Strategy is printed on the image.
$ICPT 4/4
