Icahn Enterprises L.P. (NASDAQ: NASDAQ:IEP ), the publicly traded investment arm of billionaire Carl Icahn, is facing one of its most challenging periods in recent history. On Monday, the company’s shares plummeted to a near 21-year low, dropping by as much as 14.3% to $13.62 in afternoon trading. This significant decline follows the announcement of an...
IEP has formed this nice Triangle structure which could be classified in my opinion as a symmetrical triangle or as a bullflag if you include the run up before hand as I have in this example The Gaussian Channel indicator shows indecision. This will likely break out to the upside, as symmetrical triangles / bullflags normally do
A friend asked my opinion on this stock. This video is for teaching purposes. Keep in mind that this is my opinion, and I could be very wrong about this stock. There could be other reasons to enter a position depending on a person's trading style. My trading style is stage analysis and CANSLIM.
Immediate targets 51, 49, 46. Invalidation at 64. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
Icahn is at it again. What goes on at IEP, what goes on in the Icahn's walled garden. For some to know, for most, not so. Earnings coming in late Feb with a divy in March? Still $2 for a 16% yield, not bad. Thanks for sharing. Carl Icahn's accountant hard at work? More questions than answers. Just go with it? IDK DDD and GLTA.
A beautiful flat here nearing completion with C Wave in its late stages. I have probably oversupplied the number of targets beyond what is practical, but hey, this is not financial advice. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with...
I think last week's pullback in equity markets was a good thing. The market got overheated and it gave us a reminder that stocks don't always rise. Memories and patience are short in the finance industry especially with some recent trends (blockchain) skewing people's perception that building wealth gets built overnight. Not the case, in the past 50 years of the...
IEP, investor guru Carl Icahn's stock company Icahn Capital Management LP is currently riding along a major trendline which goes all the way to it's highest peak. This trendline has some strength to it, and after a previous breakout from a previous trendline along a similar angle, the stock is looking to move higher. There is also a line of support beneath this...