Friday, December 14, 2007

ICE on Fire

ICE finally broke out from it's 52-week high, the stock is now free to move much higher!

Note: So much for a market rally today, nobody wants to be long over the weekend.
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1 comment:

INO.com said...

This is an trend analysis of ICE from INO.com... thought you would find it interesting.

Strong Uptrend

INTERCONTINENTALEXCHANGE (NYSE:ICE)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

Based on a pre-defined weighted trend formula for chart analysis, ICE scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):

-10 Last Hour Close Below 5 hour MA
+15 3 Day High on Friday
+20 Last Price Above 20 Day MA
+25 3 Week High, Week Ending Dec 15
+30 3 Month High in December

+90 Total Score

Happy holiday by the way,

Lindsay at the TradersBlog

December 14, 2007 at 4:09 PM

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