ICPT seems forming fallen angel type of formation. It has beautiful divergence in the money flow and big insider buying. We think it has very good upside potential from current level, however it has some resistance nearby that it need to over come first.
* Trade Criteria * Date First Found- May 7, 2018 Pattern/Why- Possible fallen angel type of play Entry Criteria- Possible aggressive entry here or conservative entry if it breaks above $76.13 Exit Criteria- Possible target of 98-100 Stop Loss Criteria- N/A Indicator Notes- Strong divergence in the Twiggs money flow Special Note- Big recent insider buying!
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