Bullish Fundamental - High inflationary Macro environment / still no fear form retail sentiment - Decent Accumulation/Distribution - Decent PE - Decent PEG - Decent P/FCF - Top Sector / Industry - Fundamental sound company with a Cup and handle play / short term Technical - Momentum Theory Indicator - momentum broke out downtrend - Price action formation (...
I expect INCY to show bearish traits following this post As price moves along the bearish red trend line This bearish action may stop along the dotted white line, this would be the better entry for INCY
The PEAD projected a Bullish outlook for $INCY after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
Short (Entry Price) below the black line and exit (Stop Loss) above the red line. Can take profit at the suggested Target Price. Entry Price: $74.62 Target Price: $73.86 Stop Loss: $75.89
Buy (Entry Price) above the black line and exit (Stop Loss) below the red line. Can take profit at the suggested Target Price. Entry Price: $73.86 Target Price: $75.01 Stop Loss: $71.95
very nice bounce off extreme support trendline here on INCY, we can clearly see a support cluster building up here. higher low RSI bounce from 2018 support, 2 trendline supports, short trap. what more could we ask for when looking for a longterm position? potential price targets for next year are 80-96-110.81-134.41 like and follow for more 💘
Stop at 67.18 RSI looks like found support on the 50. Attempt of bearish cross with consolidation. Price action is not so positive, as we had a higher high and higher low. A bit risky.
INCY - SEP 22 INYC just got an approval for FED and technically its right above the up trend line so will be great choose for a LONG Swing just a thought, good luck with it.
Price is below the bands set on am 80 moving average verses a 20. So the bands are wider and can encompass more price action. Many look at a fall below the bands as bearish as it takes a lot of selling pressure to get price below this setting. It is definitely not a bullish place to be, but price always returns to the bands, eventually. Just barely getting out...
Whichever line INCY breaks it moves in that direction and other line act as SL!
Incyte is about to get exciting. Normally, my Precise algorithm signals a BUY or SELL by itself. Three other algorithms signaled SELL at the same time based on the closing price on 7 April and an additional algorithm signaled SELL today. Five of the algorithms signal overbought conditions, while the other signifies a continuation of downward movement. Equities...
Potential reversal to the upside off of range lows Reward/Risk: 3.68/1 Entry: 81.94 or at a lower price Stop: 76.00 Target: 102.00 Options Play: April 16 85/90 Call Vertical
Technicals: 1. Over VWMA 2. Volume spikes at the bottom 3. Breakout Setup
We are on strong resistance on INCY/SPX RSI shows signs for reversal, waiting for breakthouth for buying
Bullish Butterfly harmonic pattern. PT: $92, $100, $105, $110 (ATH). Will be grabbing 1/15/2021 90C and 3/16/2021 90C.