FYI.. ICNB is not a true Head-and-shoulders pattern.it would have to dip to .0083 to create the second shoulder, which would then create the needed 'neckline'
True head and shoulder:
http://www.investopedia.com/university/charts/charts2.asp
the chart may be forming a double bottom:
http://www.investopedia.com/university/charts/charts4.asp
with May being the breakout from the second bottom.
but to each their own haha
True head and shoulder:
http://www.investopedia.com/university/charts/charts2.asp
the chart may be forming a double bottom:
http://www.investopedia.com/university/charts/charts4.asp
with May being the breakout from the second bottom.
but to each their own haha
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