http://www.stocktradingtogo.com/2007/01/03/ice-up-6-on-triangular-bull-flag/ Investing Online Made Easy Sat, 07 Nov 2009 04:49:15 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.stocktradingtogo.com/2007/01/03/ice-up-6-on-triangular-bull-flag/comment-page-1/#comment-21484 ICE Play Pans Out 22% Gains - Stock Trading 101 Fri, 12 Jan 2007 05:46:39 +0000 http://falkininvesting.com/blog/2007/01/03/ice-up-6-on-triangular-bull-flag/#comment-21484 [...] We had Intercontinental Exchange (ICE) called way back at $105 with the break of its triangular pattern. Since that move to $110, ICE has surged an astonishing 22% closing above $135 today. Check out the original chart here. Going forward it may not be a bad idea to take some of your profits off the table. Though there is still alot of upward potential, the further the stock runs from its 50 DMA, the higher the volatility risk to the downside. Setting up a stop could work in this position too. [...] [...] We had Intercontinental Exchange (ICE) called way back at $105 with the break of its triangular pattern. Since that move to $110, ICE has surged an astonishing 22% closing above $135 today. Check out the original chart here. Going forward it may not be a bad idea to take some of your profits off the table. Though there is still alot of upward potential, the further the stock runs from its 50 DMA, the higher the volatility risk to the downside. Setting up a stop could work in this position too. [...]

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