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ICPT

Buy ICPT at this multiple support - 8:1 reward to risk ratioPattern: $84-$90 support has proven itself a multiple times. Stock is in a medium term consolidation pattern between $85 to $130 range. Edge: Buying so close to or right at support gives us a great reward to risk ratio. If the stock breaks below support, we are stopped out for a small loss, but if support is protected again, we have more higher upside. Risk Management: Bought at $87 Stop Loss = $84 Profit target 1 = $113 Profit target 2 = $130 Profit target 3 = open Risking $3 to make at least $26 for PT1. That's over 8:1 ratio for just PT1!
ILong
by ZuneTrades
Long If The Pattern ContinuesHere we can see that for the past INTERCEPT PHARMACEUTICALS INC has been finding support at around in around $87, which has been confirmed 5 times, and a resistance of about $116-$120, which is a little less defined but just looking at the chart, it is there. Once the pattern proves itself that price action is going bull up to support, that's when I will go long. But for now we wait, anything could happen. Also looking at the chart, we see every single time earnings come out within this pattern, price action goes bull, and very quickly. Thumbs up if you like my ideas
ILong
by forexcube860
Major Level To Buy $ICPT Coming Up!Shares of Intercept Pharmaceuticals Inc (NASDAQ:ICPT) are taking a beating today on the back of earnings that did not live up to Wall Street expectations. The stock is trading down over 15% to $100.00. After analyzing the stock closely, I found that there is no solid support until a double bottom at $92.00. Note the stock chart below. This is where I will be looking to buy this biotech company. Take note, I verify what I say and back it up here so you can see my true performance: verifiedinvesting.com
ILong
by AnnabelleTrader