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.
Looking for a reversal to complete a wave up toward 92 and 98 Ingenuity Trading Model is an algorithm used in- Stock, Forex, Futures, and Crypto markets. The model is a Geometric Markov Model : Focuses on reversal and continuation wave structures In probability theory, a Markov model is a stochastic model used to predict randomly changing systems. Markov Models...
Long after uptrend and break from falling wedge There are several faling wedges in the yearly chart Falling wedges are bullish and can signal a reversal Price must break up and out in a confirmed, strong uptrend. This stock made a new bottom Friday and could possibly make another one, or more, so maybe just one to keep an eye on if interested.. In contrast...
Currently INCY is at a long term support and if a rejection occurs, then it will be a good opportunity to buy in and exit/move stop up to meet the triple top resistance. Looking for bounce off the 200 ema down to same support and then resumption to show a nice bullish pattern. Stop loss would be at the support below the current one which will lead to about a 10% loss.
Today we tested close enough to the bottom of triangle, that I am more then 50% confident we will break the triangle to the upside. Potential gain of 10%
Long condition: 1. $92, met 2. Regain strength near here - INCY needs to hold the key level for a few days.
Waiting for a break from this flag formation in INCY. Should happen in the next few days.
Great bullish move in the past few weeks but approaching a strong area of resistance , may be worth setting alerts in this region for possible short opportunity