Ice Stock Chart

ICE had a nice bounce today along with NMX. This sector appears to be catching a bid again, these next few days will be very telling as to the trend for ICE and the sector overall.

ICE has shown weakness on the upside as it is losing momentum based on the inability of the market to provide a suitor for a merger. Remember, ICE failed a breakout at 173 in July and found its way below the 40 week line during the sell off a couple of weeks ago. ICE has had very little action in terms of volume and its difficult to envision it holding above its middle BB as it has for so long.

There is support currently at the 40 week but I see this support as being rather precarious and ICE nevertheless might have a date with the 105 - 100 range before too long.

shorted and waited , waited and covered 117.66. Ice will retest. bottom around $126

I’ve shorrted and longed this stock for profit. The spread is usually good enough to buy at close to low for day or sell short at near high. I follow 5-minute charts to have an idea at where the low or high might be. My biggest problem is not cutting losses. I sold this stock short at 139 before it plunged to 117. I hoped and prayed and sold when it hit 135. My account is only 25k plus margin and was down 6k at one time. My broker did not call me on it and so I only lost 1,200.
You would think I would have learned. But, alas, I sold it short today at 142 and waited and waited. But, I didn’t cover! Now it’s back to hoping and praying that bad news or jitters will prevail and it will plunge Tuesday morning. I had ample oppurtunity to cover before it went against me so bad. I shorted in first hour. I encourage all to cut losses short and let winners run. I’ve been told 25k isn’t enough to make any real money in the market on a regular basis. I disagree. With discipline it’s definitely possible. Has anyone else started this small? Thanks, Rob

I don’t have faith, and neither does wize trade.

This stock was great. WIzetrade gave me a serious profit.

I don’t like this stock. I see that many of you have made money though. Wizetrade advised me against it.

Ok. Is there something I’m not seeing? What’s the rave about this stock? It’s moving down like an avalanche. Wizetrade keeps me away from these trades.