The day isnt over, so things could easily change,
Post# of 1584
ICNB got its third red candle on the heikin chart for the first time since feb 23.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2213016355
so what does this mean? not a whole lot right now, day isnt over. the rest of the chart looks good because the indicators have reset. they were getting to high.
strict chartists would sell, but i wouldnt do that nessesarily seeing news is coming. thats a personal decision you all have to make. as said a month ago, we can dip to .013 and still technically be healthy. i highly doubt we will ever see 00's again, but if we do, .0083 is the support.
ICNB is a revenue-based stock. mumbo jumbo websites and instagrams wont really help us. sales is where its at. May is still the month im waiting on.
and to show how accurate chharts are, last month i said i was waiting on March 31st to figure trend. notice that after march 31 the price has declined.
im looking at this move with the thought 'lets get the dip out of the way'. we knew this would happen, so lets get it over and done with in preperation for any run.
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