right now the PPS isnt based on fundamentals. its based on hype, hope, and some basic numbers. so anything can happen. yesterday dipped really low but closed green with a doji. it means sellers are here for whatever reason but bulls could only get the share price barely green. the heikin shows a different story and basicly says 'sell' and wait for lower. but as i said in a previous post, unless someone is serious chartist, they shouldnt listen to just the heikin chart.
as you can see from the chart, had someone invested based off of it, they would have sold april 10th, and got back in yesterday for an amazing flip.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2213016355
IF.. and thats a big 'if', we close red today between .014 and .0119, ill sell a million shares as a reserve in case it goes lower. this isnt suggesting others to sell because i may not say when i buy back in.
may is still the month im waiting for and its very difficult to determine if we'll trade sideways or go lower... for all i know we could jump to $500 haha
as you can see from the chart, had someone invested based off of it, they would have sold april 10th, and got back in yesterday for an amazing flip.
http://stockcharts.com/h-sc/ui?s=ICNB&p=D...2213016355
IF.. and thats a big 'if', we close red today between .014 and .0119, ill sell a million shares as a reserve in case it goes lower. this isnt suggesting others to sell because i may not say when i buy back in.
may is still the month im waiting for and its very difficult to determine if we'll trade sideways or go lower... for all i know we could jump to $500 haha
1
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
Disclaimer:
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All references to "My", "I", and “The writer of the above post” shall refer to the creator of the username Joey68.
Do NOT invest unless you are prepared to sustain a total loss of the money you have invested plus any commission or other transaction charges.
There is a very high degree of risk involved in trading and investing. Past results are not indicative of future returns. I assume no responsibility for your trading and investment results. You should NOT rely on the information in the above post to make any decision or take any action.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are OPINION and NOT fact and are for entertainment purposes only. Do your own research and make your own decisions based on your own conclusions.
ALL OF MY STATEMENTS, including but not limited to, POSTS, MESSAGES, PRIVATE MESSAGES, and RESPONSES are NOT advice, and are NOT designed to substitute the expertise and judgment of a professional. It is your responsibility to seek investment advice during all stages of your investments. It is your responsibility to evaluate the accuracy, completeness and usefulness of the information in the above post.
I am NOT a professional.
I do NOT work for you.
My posts are NOT investment advice. I am not paid to post.
There is no correlation between the number of posts I write per day and your assumed success of a company.
It is NOT my responsibility to inform you of my own personal investment decisions.
It is NOT my responsibility to inform you when it is time for you to buy, hold, and/or sell a position.
I have no control over, and am not responsible for the actions of others who copy, store, edit, change, prepare any derivative work of or alter in any way any of the content provided in my posts.
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There is a VERY HIGH degree of RISK involved in trading and investing. Only invest what you can afford to lose.
