so where do i think ICNB will go tomorrow? ehhh
Post# of 3333
ehhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh. who knows.
todays red day was obvious. i hope people who read my posts held off on buying at the high of the day. that dip was pretty nice.
my take is that the chart is trying to find a bottom. will we get news? probably not. middle of next week or week after that.
a doji followed by a hammer tells me there was a lot of fear during the last 14 periods. fear of no news, fear of not hearing of Bevmo, fear of no filings, etc etc. this caused a panic which made people sell. the last two days are probably serious investors buying cheap shares (without them we would be even lower).
if we close green tomorrow, it means buying pressure will be restored in anticipation of May. this will probably cause a panic from the sellers who feel they made a mistake in selling... so they buy back in at a loss.
if we close red, it means there are still unsure investors who want out.
so what do i think... pure guess... ehh....... close red between .0149 and .0157 (total guess for fun). especially with no news, i dont see any reason why we would close green.
Not investment advice
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