THANK MY TECHNICAL ANALYSIS IT'S PROBABLY THAT ICE(INTERCONTINENTAL EXCHANGE INC) GO UP IN NEXT DAYS
Pros: - MACD and FI confirm the move by ticking higher with prices - Inverted Hammer + Hammer combo - Overall high lows near SMA 100. Shows bulls strong attempt to push back above sma 100 - Cons: Volume is decreasing as price increase in general near the sma100. (I ignored this because I am testing the theory to depend on FI instead of just pure volume) Overall...
Low Weekly RSI & Low HV. W RSI <20 and D RSI Pullback Looking for Reversal to Mean higher. Taking 90/85 Bull Put Spread. with 92.50 Calls for directional bias Higher. Dec Exp but aiming to Close in profit well before that... Good Luck - Watch your $$$ RISK ...Any questions just DM me...
I found out that successful trend followers could win over a long period of time, while at the same time they losing on most of their trades-how good is that?
Ice is breaking out of its trading range 70-76 for the las half a year ICE consolidated near its highs nice risk reward here note the upcoming earnings report next week
Intercontinental Hotel is poised to break the resistance, if we can close above the resistance this week.
If we can get above 76.25 and hold could be a good break out.
Large RSI Divergence and a double top.
ICE is a buy for me from 66.15. Price is massively oversold, RSI2 is showing extreme levels along with the Stoch. Volume has spiked and we can see that price initially dropped but rejected strongly from the support level. Financials look solid. Stops at 63. Buy at 66.15 TP1 - 71 TP2 - 80
ICE may finally be rebounding. Risk off the recent lows.