qaisar when u look at ICNB on the chart make sur
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Posted On: 02/08/2017 5:31:55 PM
qaisar when u look at ICNB on the chart make
sure to look at it with the 20 day moving ave
selected. You will see since the uptrend
began back in DEC every time the stock
got close to that 20DMA it has always
bounced UP and kept uptrending just
like last 2 days.
So going forward 20DMA is key. As long
as stock stays above that let your profits
RUN ! But if/when it falls below 20DMA its prudent
to take some profits because all stocks stall out
sooner or later. But ICNB is proving very
strong and could keep going for quite some time.
sure to look at it with the 20 day moving ave
selected. You will see since the uptrend
began back in DEC every time the stock
got close to that 20DMA it has always
bounced UP and kept uptrending just
like last 2 days.
So going forward 20DMA is key. As long
as stock stays above that let your profits
RUN ! But if/when it falls below 20DMA its prudent
to take some profits because all stocks stall out
sooner or later. But ICNB is proving very
strong and could keep going for quite some time.
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