Stock Chart Analysis INCY

Posted by downtowntrader | 5/21/2007 09:18:00 PM | 0 comments »

Stock Chart Analysis INCY

Incyte Corporation (Public, NASDAQ:INCY)

INCY recently had a high volume breakout and has since pulled back on declining volume to test that breakout. It filled the gap and appears to be forming a pivot low here. If it can successfully hold it then it should go ahead and move to new highs.


Good Trading,

Joey

for more analysis check out my home page at http://downtowntrader.com

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