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URNM
Benzinga
74 days

ICE Stock: Bullish Setup But A Pullback Is Likely

1. ICE is in its 8th Phase of the 18-Phase cycle. 2. A breakout is likely but a pullback may occur first. 3. Past phases show up to 33% declines before rebounds. 4. Buyers should wait for a pullback near $160-150 levels. 5. Monitoring the Cakra is crucial for future movements.

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FAQ

Why Neutral?

While ICE shows bullish potential, historical pullbacks suggest caution and hedging. Past examples indicate substantial declines prior to breakouts.

How important is it?

The cyclical analysis framework increases the predictability of price actions, linking to URNM through the mining sector's broader trends.

Why Short Term?

The expected pullback near $160-150 could be imminent, influencing investor sentiment soon. Waiting for Phase 9 actions will determine further movements beyond this horizon.

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