iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

More Short Setups

Freeport-McMoRan Copper & Gold Inc. Freeport-McMoRan Copper & Gold Inc. [[FCX]] Breaking down:

fcx

Reliance Steel & Aluminum Reliance Steel & Aluminum [[RS]] Nice little bear flag right below 100 day:

rs2

The Buckle, Inc. [[BKE]] Breaking down below 200 day:

bke

And, IntercontinentalExchange, Inc. [[ICE]] will it finally breakdown?

ice2

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9 comments

  1. RaginCajun

    SNDA breaking down

    ICE is melting away.

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  2. rocketman

    bought puts in both….down down down….

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  3. RC

    I’m heavy in AXL at the moment.

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  4. CavemanForecaster

    ICE looks like it has broken the flag. I think a break of 90 is key for it. If 90 is cleared I think we may see a big drop commence. It got close to 90 today but then bounced and is sitting there to decide where it goes next…

    It is good to have a mix of longs and shorts so that if the market falls off here, then ICE will surely drop with it.

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  5. Carey

    Lets pray that it will go down to 82!.. im selling at 82.

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