Zoomie’s Two Trades Wednesday

Today, it was “I” day for Zoomie. He traded ICE and IPG. Check out his commentary on the charts.

IntercontinentalExchange, Inc. (NYSE: ICE):

ICE

Interpublic Group of Companies, Inc. (NYSE: IPG):

IPG Trade

Stocks Mentioned In This Article
StockLinks
ICE | |
IPG | |

7 Responses

  1. Phileo Says:

    Hey Zoomie,

    Glad you caught ICE. I was watching it ever since it broke above 129, but just couldn’t pull the trigger for some reason. Then I had to leave my desk, then I had to run some errands, and ………

  2. Prospectus Says:

    Congrats on your good day, Zoomie!

  3. Bubs Says:

    Great trades Zoomie. I also missed ICE today. Was to busy watching aapl and bidu all day.

  4. Baguyod Says:

    What do you think of OSUR?

  5. Zoomie Says:

    Thanks guys. I traded ICE poorly. I need big wins for my trading technique to make money.

    Baguyod: I am a day trader, so I would not have played it today. No gap, no big volume, and no momentum move up.

    It looks as though it broke down from a head and shoulders pattern on daily chart. It has been getting higher highs though, and needs to regain support turned resistance to go anywhere at $9. That being said, the weekly chart is a choppy, and a mess. I wouldn’t touch it with a 10 foot pole.

  6. Jamie Says:

    Hey Zoomie,
    Nice trade on ICE. My entry was very similar to yours - consolidation break on an uptick in volume.

  7. CalTrader Says:

    Guys we need to get on your fucking feet, we all missed ICE, because we’re watching AAPL. ICE had a 7 point range for the day, sheesh, coulda made out like a fat pig, oh well couple of points on AAPL will do…but stay awake!

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