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Trading idea for the Intercontinental Exchange Ice. (NYSE)

17.05.2021

Market Review

#ICE

The overall trend is upward. The downward pattern ended with the breakout of the inclined channel. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator indicator signals oversold conditions.

Trading idea:

Buy shares when an ascending wave pattern is formed after the correction.

Stop Loss: 111.24.

Target levels: 115.85; 121.37.

Author: GC
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