ICON
Panjang

Icon in a cup and handle pattern..

257
Folks,

Icon has had some pumps lately and we are trying to conquer with prior high but we see kind of rejection..
In my opinion we are about to have chances of forming a cup and handle.
Many will know it more often than not a BULLISH pattern.. With breakouts to the upside..

The support and resistance lines I draw are approximate areas. It can be a little higher or lower..
But they are drawn from the perspective of prior and lows..

Personally will wait patiently for price to get back around $0.87/$0.89.- area to be interested in a possible buy for a possible extension to say $1.30.- for a beautiful gain.

In the long run I am bullish..

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.