DrewDimes

IEP. Low Risk/Low Reward but looks oversold. Back to 53 range

Long
NASDAQ:IEP   Icahn Enterprises L.P.
IEP. Some rich fuckers company (Carl Icahn net worth 15.6 Billion). Dude probably has an ego and won't let this be beaten down much more before he starts just buying it himself. Sometimes you just gotta follow the money. The rich are always getting richer.

Looks oversold here according to RSI and the MACD is actually trending towards a flip to green despite the recent decline in price. 50 looks like a long term support to me so I feel safe stepping in here. Boring stock has boring hopes. Thinking I can skim 5% off this one.
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