ICON
Short

ICON CHANGE IN STANCE

As A trader we have to be open to both Bull And Bear Scenarios. Based on New data that has come in I have changed my View On ICX, We see an Ascending wedge forming, which is a bearish pattern.I expect this to break to the downside where one of the 3 fib levels I have highlighted In green will be tested These FIb levels are also confluent with support and resistance providing good buyback levels I exited 50% of my position at $2.84 and the other at $2.79. My next target is $2.48, if this breaks my next target is $2.31
Trend Analysis

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