ICE Forms Triangular Pattern

Triangular pattern forming alongside daily volume decreasing for Intercontinentalexchange (ICE). This is either bearish or bullish. An accumulation day move up to $110 could signal a buy, and on the contrary a close below $103 on heavier volume would most likely signal a sell. The industry group overall is stabilized, and currently is trading in a range after getting support at its 50 DMA.

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Pingback by Baidu Bear Flag - Stock Trading 101

2006-12-28 10:15:01

[…] Posts • Baidu Bear Flag• MRVC Double 50 DMA Bull• Nasdaq 100 Weakness Ahead?• Daily marketcommentary for Thursday, Dec 28, 2006• ICE Forms Triangular Pattern• Markets Rally, Don’t Be Fooled• Daily market commentary for Wednesday, Dec 27, 2006• OIH Trades Under $140 and Tests 50 MA• IAAC Continues To Tumble• XOM 75 Support […]

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Pingback by ICE Up 6% on Triangular Bull Flag - Stock Trading 101

2007-01-03 11:05:35

[…] Posts • ICE Up 6% on Triangular Bull Flag• Baidu Gaps Above The Channel• Market Runs to Start 2007• Dailymarket commentary for Wednesday, January 3, 2007• Daily Commentary for Friday, December 29th, 2006• Baidu Bear Flag• MRVC Double 50 DMA Bull• Nasdaq 100 Weakness Ahead?• Daily market commentary for Thursday, Dec 28, 2006• ICE Forms Triangular Pattern […]

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