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.
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