INTERCONTINENTAL EXCHANGE
(ICE-NYSE):
Technical Viewpoint: From a low
of $86.50 on Sep 10, 2009 prices
rallied, reaching a
high of $100.73
on Sep 23, 2009. A
decline saw prices pull back, reaching a
low of
$90.31 on Sep 25, 2009.
Another rally saw prices penetrate
resistance, closing 10/16/09
at $105.84. Technicals: MACD Index (MACD): A Buy Alert!
was given on Oct 16, 2009 when the solid line crossed the dotted line to the upside.
Support: Remains at $98.50. Resistance: Is at $109.63.
Point & Figure: Reversed to the upside on Oct 5, 2009. A P&F upside
reversal takes place at $100.00. Summary: Technical indicators have turned bullish. BUY! INTERCONTINENTAL EXCHANGE
(ICE-NYSE) @ $106.38 Stop: Use a protective stop of $103.63.
INTERCONTINENTAL EXCHANGE is currently trading @ $105.84 plus $7.59 on Oct 16, 2009. Price Objective:
$123.50. Risk/Reward: $2.00 VS. $10.37. Today's Risk Reward Ratio:
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$123.50
Risk/Reward:
$2.00 VS. $10.37
Risk/Reward Ratio:
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