31.07.2014 - The price of Idacorp turned down
The stock price of Idacorp changed the trend direction and broke through the slanted line of support. Confirmation of the signal to open short positions will be fixing the price below the local minimum of 54.00. In such case, the closest targets will be the levels of 53.20 and 50.50. Stop should be set above 55.50. We recommend to open short positions and expect a decline of the share price in the near future.