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  4. Iconic Brands, Inc. (ICNB) Message Board

first, it comes down to each investors needs. many

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Post# of 3333
(Total Views: 439)
Posted On: 03/21/2017 7:23:32 PM
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Posted By: joey68
Re: PennyStockin #1896
first, it comes down to each investors needs. many people on iFlub say, "Im in this forever" which makes no sense. selling is where we make profits

im not sure if youve ever been part of a run, but it is both exciting and stressful.

its virtually impossible to sell on the high before the fall.

check out this chart for AVXL ( i was invested last year):

http://stockcharts.com/h-sc/ui?s=AVXL&p=D...3986298043

The Heikin Ashi chart worked beautifully. selling when two red filled candles popped up.

now look at ICNB:
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2248042860

had people followed the Heikin Ashi chart and sold their entire postion on Feb 16 (second red filled day) they could have doubled or tripled their position if they bought back in today. very accurate chart.

selling is very emotional. many investors feel regret for 'selling to early'.

http://www.investopedia.com/articles/active-t...rading.asp

if you use the MA lines, thats fine. i use the EMA 13 and 48.5

im planning on selling my ICNB position by looking at the Heikin Ashi chart and slow STO.

when you make a buy or sell judgment, you need to be comfortable with it because theres a high probablility the price will go higher once you sell.

check out the logo on my board under Board information:
http://investorshangout.com/Joeys-Investment-Board-91611/

No Greed. No regret. Once you sell, be happy with the profits.

the RSI isnt accurate enough because it can stay over 90 for weeks.

Most important, there is some guesswork and guts involved aka variables which cant be measured. call it a gut feeling, but it does play a part.


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