On this 5 Month Daily Chart of Incyte you can clearly see the Bearish Trend that included the last 6 weeks of each daily candle trending below the 7 Day EMA until just the last 2 trading days where the bottom was made and INCY finally broke above the 7 day EMA on very good strenth with much higher volume than anthing seen during this downtrend. The RSI for the...
Pause Rebounder Stock Market Watch: Because until equity markets begin to notice. it’s unlikely politicians will feel compelled to act. Political brinkmanship will fuel market volatility — the VIX (VIX) trades to 40 in 2023; SPX retests the 3,800 floor. The similarities to 2011 (where arguably Democrats and Republicans were more ‘reasonable’ than in 2023) are...
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
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
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 condition: 1. $92, met 2. Regain strength near here - INCY needs to hold the key level for a few days.
INCY broke the resistance with great volume. After long rally, it is maybe time to pull back. Watch for RSI
The stock had created a descending triangle pattern but with the strength of their earnings report, it broke out of the pattern. We will have to see how it settles over the next couple of days to figure out where it is going from here.
INCY has been sideways for a year, but it is not showing a compression candlestick pattern to a potential Triangle Formation. Triangles tend to be continuation patterns much of the time.
Incyte Corp. has overlapping white candles on a strong move out of a short-term bottom. The overlaps are caused by pre-market open selling that gaps the stock down. The run up shows strength within the buy side.
Despite the 30MM has negative slope, we see a 6 months support (not counting this week). If the price break the resistant, buy!
double bottom bullish divergence.. island reversal somewhere to the end of the year? need to open once above $80 without touching the gap between. 1W RSI was approx in 2008 as low as in May at the current year.
Not sure if the BLUE support is gonna hold this time around. Might eventually sets on ~9yr-old support (note chart is in Log scale). Monthly chart also showing massive MACD divergence. As a result, sold my position to see how is gonna play out in the ST. Also binary outcome drug data expected this year, with unknown timing. However, INCY is top pick at Credit...
After a huge run, Incyte Pharmaceuticals is tired and this flag suggest more downside to come.
INCY has very high (3412) P/E ration & in the technical side INCY is forming a downward pennant in longer frame & a upward channel. Both suggesting a decline, money-flow is showing neg-divergence & running strongly downward. We think it will decline around 60 or lower You can check our detailed analysis on INCY in the trading room/ Executive summery link...