For me Ice is a no brainer. I see $123 and I’m ALL IN. As they say in TEXAS hold’em.
And the reason is…The steepness of the 50 day. ( “The Thin Red Line”)
To hit $123, Ice needs a one day blow out event.
But the one buy signal, that stockcharts, has that no one in the world has,
And the reason is…The steepness of the 50 day. ( “The Thin Red Line”)
To hit $123, Ice needs a one day blow out event.
But the one buy signal, that stockcharts, has that no one in the world has,
is the ability to draw that 50 day line on a 2 month, chart.
And when the steepness is 30 degrees like it is for ICE,
( it’s the strongest buy signal in the charting universe)
It tells me .. impossible for ICE to go to 119.
It tells me .. impossible for ICE to go to 119.
119 is off this chart, and 100% of all charts I’VE seen like this , prices never go off the chart.
So, That eliminates everybody else’s 103 to 119 forecasts.
That leaves 120 thru 127 to deal with, as the bottom, because I already know ICE price is not going off the chart.
$123 is Jan low, and a double bottom is always a great buy signal.
Downside ICE goes to 120…..WHO CARES!!!!!!
ICE MINIMUM gets back to the 50 day = $138 [ that’s $15 higher],
and more likely, ICE enters the 20/50 zone.
ICE gets stuck in the space between 50 and 20 day lines.
This happens a lot to stocks, (I don’t know why)
20 day exit price is a whopping $25 higher at $148.
and If ICE closes the GAP at $159 it’s off to $205….ICE has the EPS to get to $205…

I’ve put NFX UP HERE AS THE POLAR CASE to ICE.
As you can see, NfX had a 30 degree descending red line. (50 day). It failed.(@$44)
The greatest PUT signal in the world, I’d say.
I was wondering what happened to NFX. NFX was always a star in my portfolio.
It seems, NFX has suffered catastrophic EPS, changes. Enough of a change in EPS to retest $34
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