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To: The Ox who wrote (3524)6/26/2014 2:41:19 PM
From: The Ox  Read Replies (1) | Respond to of 8239
 
Looking a little closer on ICPT, the likely place to rebound would somewhere between where it is now and the low 220s... That would keep the basic pattern in tact. No reason that it will play out that way, as we know the traders can take it wherever they want, so to speak. I didn't even realize that there were 2 new analysts who came out today with market perform ratings... No doubt one of the reasons the selloff has been gaining momentum to the downside. 3 days ago over $284, today under 238 and steadily falling....

At any rate, unless you are nimble and have a tight stop in place, hard to see why you would add here instead of letting the pattern form first...either a higher low or a breakdown below the previous one.



To: The Ox who wrote (3524)8/11/2014 5:25:55 PM
From: The Ox  Read Replies (1) | Respond to of 8239
 
ICPT at $390 after hours....up $152 from the close....



To: The Ox who wrote (3524)11/12/2014 10:43:15 AM
From: The Ox  Read Replies (1) | Respond to of 8239
 
Once again, ICPT goes back on reversal watch.



To: The Ox who wrote (3524)12/4/2015 11:32:37 AM
From: The Ox  Respond to of 8239
 
ICPT goes on reversal watch (charts in linked post)


Portfolio "Reversal Watch", Manager: The Ox




To: The Ox who wrote (3524)12/15/2015 10:14:24 AM
From: The Ox  Read Replies (1) | Respond to of 8239
 
ICPT comes off reversal watch list, soaring 20% this morning alone....