INCY Right now I'd say that INCY has equal opportunity to rise or fall 10% going into their next Earnings Call on February 13th. A potential Falling Wedge is shown on the Chart but also the red dashed line could be the bottom of a Bearish Continuation Triangle using the Top trendline from the wedge. Monday or Tuesday at the latest should tell us where the strength lies, either with the Bulls or Bears. Of course the next 2 weeks could just see the stock trend Neutral until the resuklts are revealed. Mixed signals abound.
INCY Anyone Trading INCY or looking to Short it this is a very good opportunity. Very Strong divergence between the MFI and the Price and Price will always follow the MFI.
INCY Right now I'd say that INCY has equal opportunity to rise or fall 10% going into their next Earnings Call on February 13th. A potential Falling Wedge is shown on the Chart but also the red dashed line could be the bottom of a Bearish Continuation Triangle using the Top trendline from the wedge. Monday or Tuesday at the latest should tell us where the strength lies, either with the Bulls or Bears. Of course the next 2 weeks could just see the stock trend Neutral until the resuklts are revealed. Mixed signals abound.
