Saturday, February 09, 2008

ICE Update for 02.09.2008

INTERCONTINENTALEXCHANGE INC - ICE

Monthly chart shows stock has lost 50% of its value since the high made in December 2007. No buy pattern/signal evident on this timeframe.

Weekly chart shows continued selling and weakness last week. No buy signal/pattern evident on this timeframe.

Daily chart shows early buyers stepping back into the stock on Thursday, but were soon over come with sellers on Friday. No buy signal/pattern evident as of yet on this timeframe.

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