Retrace before next step up on ICX
Two nasty inverted hammer candles on the daily which signalled a sell off. Good time to buy right now as the price line is failing to get through the 8 day moving average. Potential 9% short term gain if longing from here to the previous swing high. Would put a stop loss at the 13 day moving average. Considering the daily is now in an uptrend I would be careful shorting here!
#icx #IICX #icon #icontechnicalanalysis
#icx #IICX #icon #icontechnicalanalysis
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.