Thursday, January 21, 2016

ICT: dropped 61.8% full retracement since 2009 1-21-2016




















* I still remember ICT trading at 10pesos way 2009, and I will repeat my comment again, the more you gain, the more you drop.

PE still high, and if reached 35 per share, maybe I will reconsider.

As of this moment, selloff is too quick, hard to forecast support, but fibonacci and technical analysis really helped a lot in these times.

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