ICON ELLIOT WAVE
Updated
I see this move from $2.10 to $2.70 as an impulsive wave 1. The red bars mark areas where wave 3 could end and begin a corrective wave 4, before finally having a final rally in wave 5, which I do not believe will be any higher than about 5.40.Let's ee how this plays out.
Note
Whoops, forgot to add a bar at a 100% extension at $3.33 as another potential reversal zone. I will set alerts at each of these areas and watch price action and RSI closely to pinpoint exactly where the retracement will occur.
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