the trend is strong with this ICE: a simple long term approach

EuroStockOption Updated   
NYSE:ICE   Intercontinental Exchange Inc.
Was not planning to do any deep dive research for this one, but the long term trend of ICE is too obvious to ignore.

Despite the choppy daily chart with now and then a small jump, it did grind higher and higher, decades-long.
When dealing with such a long time frame, it's important to adjust the pr-ICE to splits, dividends, and rights offerings.

And let the logarithmic trend be your friend.
A drop deep into the lower channel, without breaking it, provides a once in a decade opportunity,

So one simple strategy for long term investors, assuming you did your homework and will keep following the development of the company:
Buy when under the middle line, hold or buy less when above; keep the first tranche light and periodically add a small sl-ICE.
Parameters for the colored pitch vork:
yellow = 0.236
green = 0.5
azure = 0.764
blue = 1

The yellow inner channel is especially eye-catching, and it suggests a correction is likely in the short term, probably targeting the other side of the 0.236 fib before it resume the upward movement.
Although historically it did extend to the 0.5 fib a few times.
If it ever goes to the 0.764 fib again, you probably want to look toward the other side aggressively...
Dropped very deep into the lower chanel but seems holding for now.
Bounce not to be trusted until previous high ~113 and then ~117.5 are taken out.
=> trailing stop along the way up

updated chart focusing on past two years:


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