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TOPIC: Intercontinental Hotels Group

Intercontinental Hotels Group 17 Apr 2013 16:31 #1

  • ronnie
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Just an update on what I posted yesterday, looks like this has now broken the support:
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All share trading carries risk,
Ronnie
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Intercontinental Hotels Group 16 Apr 2013 12:20 #2

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This has gapped down today and looks like its heading towards support area, a finish below could signal a correction and lower prices.





DYOR
Information purposes only, Do your own research,
All share trading carries risk,
Ronnie
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Intercontinental Hotels Group 25 Jan 2013 14:23 #3

  • Rossymc
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Redchilly

Loving your trades/posts, very clear and very to the point.
Keep them coming pal

RMc
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Intercontinental Hotels Group 25 Jan 2013 12:24 #4

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Closed the remaining half @1875
dyor
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Intercontinental Hotels Group 24 Jan 2013 19:03 #5

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Follow-up chart

Half of position closed today near the close of market

INTERCON.HOTEL.png


SL moved for the rest of position to below the low of inside bar which formed on 21st of Jan (1801)

Will let it run as a free trade :)

Two things to note on this trade:
1. Inside bar on 21st Jan palyed out nicely
2. Inverse H&S occuring right at the top of a strong trend are VALID
dyor
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Intercontinental Hotels Group 20 Jan 2013 09:16 #6

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Inverse H&S played out very well...nice profit

InterContinentalHotelsGroupPLChiX.png


Initial target is around 1880

Will follow the action next week
dyor
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Intercontinental Hotels Group 15 Jan 2013 23:12 #7

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Inverse H&S

image_2013-01-15-4.jpg


SL below previous low 1742

target Size of head which is nearly £1.80( 1880 - 1900)
dyor
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