gotta make it harder than that! 1. i ignore '50
Post# of 3333
1. i ignore '50 MA' completely
oh boy... people who know my posts are thinking, "here we go! Joey68s going to talk about 13 and 48.5 again!"
YUP!
Heres my old post:
http://investorshangout.com/post/view?id=4315906
50MA means NOTHING. tell me.. why did you mention '50 day moving average'? What is the significance of it? there is none! its not even accurate.
2. " since they hit their peak they've been consistently averaging down". Nope.
we've been at a high since .006
Chart shows oversold. Slow STO is screaming buy buy buy.
3. we're waiting on revenue and news. thats why the chart is going down. doesnt mean bellissima is being poured out in the streets because its a failure.
4. ADX di +- is following along with the dip in price. notice i didnt say 'downtrend' because this isnt a trend. its a dip.
5. tell me your thoughts on the dip from jan 3 to jan 19? Wasnt that a 'downtrend' as the bashers call it? yet.. we skyrocketed up the following weeks.
Feb 13th through today is the next portion of the chart preparing for the May financials. period. no way the price stays at .02 in May.
In fact.. i guarentee in May, everyone will forget about todays price action and will find the next thing to complain about.
Did you read my recent post on MOMO?
http://investorshangout.com/post/view?id=4396485
tell me THAT wasnt a gut wrencher.. yet i stayed in knowing fundamentals and i made a profit. where are the indivdual 'red' days in that chart? blended in to the upward trend.
same thing will happen with ICNB.
Thanks for playing the Joey68 Chart Challenge!
Iconic Brands, Inc. (ICNB) Stock Research Links
http://investorshangout.com/Joeys-Investment-Board-91611/
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