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 here-
youtube.com/watch?v=cHGvMBR_mk0
Time Span: 13:00"
Suggestion date: Aug 17th (before market)
Trade Status: Opened Aug 17th
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 here-
youtube.com/watch?v=cHGvMBR_mk0
Time Span: 13:00"
Suggestion date: Aug 17th (before market)
Trade Status: Opened Aug 17th
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Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.