ICD
short term +1,400%Independence Contract Drilling, Inc. provides land-based contract drilling services for oil and natural gas producers in the United States.
IDC potential play / testing the strategy /Hello Community,
First of all I know that trading energy stocks now is risky and its sector that got hit by current crises hard . But if you look in to people going back to work etc.. These stocks and I'm talking about a lot of them are on the bottom. Many of them filing for chapter 11 as well .
Its definitely tricky play but testing this on some data info that I'm putting to test ,
Earning report coming out soon on this ...
There is strong possibility that we will see Bear attack tomorrow on this but we all know what short squeeze is and what it dose to price move,
Will see how strong are holders here ,
Volume 2.2M
MC 18.1
Float 10M
RVOL 3.0 ......!
I THINK BRAKE ABOVE CURRENT HIGH !! (ONLY) CAN SEND THIS TO THE TARGETS ON THE CHART .
RSI needs to brake 61 .. and stay there . I'm expecting $1 jump
See you next time ,.
ICD BUY (INDEPENDENCE CONTRACT DRILLING INC)Hi there. Price is forming a reversal pattern to change its direction. Also is close to 0 value which is a very good sign.
Wait for the price to complete the continuation pattern that is forming on lower time frame and watch strong price action for buy.
ICD: PAY ATTENTION FOR A POTENTIAL BREAKOUTICD is making a huge spike to the upside, i'm looking to the price action for a potential breakout in this downward channel.