Posted On: 04/10/2014 8:19:53 AM
Post# of 2561
ICBU Daily Chart ~ Just About Ready for the Next Leg Up
I took a small position in ICBU yesterday from .09 to .0965. Looking at the chart, the obvious entry would have been closer to the horizontal support line at .08. The FullSto and MACDs are beginning to curl to the upside, and since they are doing that in oversold levels, I decided to enter prior to a positive crossover. I'm liking ICBU for a return to previous highs and beyond. Today's news is another solid piece of the company's execution of their business plan. GLTA
I took a small position in ICBU yesterday from .09 to .0965. Looking at the chart, the obvious entry would have been closer to the horizontal support line at .08. The FullSto and MACDs are beginning to curl to the upside, and since they are doing that in oversold levels, I decided to enter prior to a positive crossover. I'm liking ICBU for a return to previous highs and beyond. Today's news is another solid piece of the company's execution of their business plan. GLTA
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