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...
This is not a trade advice, this is my personal opinion and it may be wrong. Constructive criticism is welcomed!
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 $2.25
Short squeeze candidate. 21.5% short float. Watch for a break of 22.09. Stop signal 20.43. First target 24.43. Second target 25.87.
Try to buy historical low Downtrend Wedge near breakout RSI Divergence WR>-80 (my scripts: Williams %R two lines) Entry 18 Stop 15 Target 28 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.
Looks like it's ready for a bounce holding support.
NASDAQ:ICPT The reasoning is shown in chart
If this shape is going to complete its goint to be a reversal for a long term run and now its a good price to buy!. with a stoploss around 17
Better to stay above 34$ 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...