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.

Idacorp Inc. Statistics

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.