Hubert Senters here.
Let’s take a look at INCY. Obviously news related bracket trade gapping down not going to be good for this stocking most scenarios. Let’s do a potential bracket here going into Monday.
So potential long at $78.07 potential short if it breaks below $75.05. Probably going to drift down to $72.30 and then after that it could potentially drop all the way back down to below $60 so.
Be careful with it if you are long Insight Corporation, INCY just be careful. It’s moving around a lot and more to the downside then the upside.
I’ve been asked to speak at the Wealth365 event. I’m going to lead you over here to the registration page. It happens in 16 days. First name, email address and click CLAIM YOUR FREE TICKET right there for the webinar series.
Good luck. Hope it helps. See you on the next video.