Long Term Bullish on ICNB
Right now in April of 2021 we are currently seeing a healthy consolidation of ICNB in the $0.40 range with a local peak at $0.55 and minor "dips" to around $0.30.
- MACD is sitting just around the 0.0 range and RSI at a beautiful 45 - 50.
On March 31st the price dropped down to $0.28 and in the same day rose back and ended at $0.44 which is an incredibly bullish sign.
- Currently the stock is having a hard time breaking the $0.46 mark but moving horizontally before its next major move.
In the past 650 days iconic went from $2.15 down to under $0.10 making it a 95% drop. I believe we have seen the bottom and it is up from here with a short term target of breaking $0.55, next $1.00, and hopefully in the long term (6 months to a year and half) retesting and breaking the $2.15 mark.
- MACD is sitting just around the 0.0 range and RSI at a beautiful 45 - 50.
On March 31st the price dropped down to $0.28 and in the same day rose back and ended at $0.44 which is an incredibly bullish sign.
- Currently the stock is having a hard time breaking the $0.46 mark but moving horizontally before its next major move.
In the past 650 days iconic went from $2.15 down to under $0.10 making it a 95% drop. I believe we have seen the bottom and it is up from here with a short term target of breaking $0.55, next $1.00, and hopefully in the long term (6 months to a year and half) retesting and breaking the $2.15 mark.
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