ICNB has been trading primarily sideways for over 5 months now.
This daily candle is the first candle since March 3rd to come above the resistance line of $0.4655. After breaching it, the price was pushed down to $0.35 and closed at $0.40. This signifies a force that does not want ICNB to blow just yet.
This stock is still accumulating for now but is looking to burst another leg upwards in the future.
Long!
This daily candle is the first candle since March 3rd to come above the resistance line of $0.4655. After breaching it, the price was pushed down to $0.35 and closed at $0.40. This signifies a force that does not want ICNB to blow just yet.
This stock is still accumulating for now but is looking to burst another leg upwards in the future.
Long!