Ascending triangle day chartwhat for ascending triangle to break out. with an initial price target of 3.4
ICON trade ideas
ICON (NASDAQ) - Change the trendGreetings
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Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
ICON (NASDAQ) - Change the trend
ICON Harmonics: Anti-Target PracticeI have to admit, I had a good entry here; however, the deep retest of the PRZ is not a good indication. Not only that, but this stock is not moving at all, currently. If you are in this trade, I'd suggest getting out on the next bounce up towards the Gap-Fill which will run head-on into the 800 ema . Further, analysis is required before re-entry. With that said, there is the potential harmonic bat set-up here, but I don't think it's likely any time soon. Check it out and unload on or near the gap-fill!
ICON Harmonic Just like many of the other small-cap stocks currently, there's what appears to be a bat harmonic. This could morph into an alternate bat harmonic or blow passed these areas, revealing a three-drive pattern that seems to be emerging with many of these stock types. Either way, it's a good CD leg trade. See chart for entry zone and exit zones.
Target LONG for ICONICON overall still downtrend , so i am looking for long and take profit at nearest resistant .
Later will wait what market will do either able to break it or reject , before make decision to reenter for long or shot after that.
Price now hit supply daily (2nd time) and there is berish engulf so possible price to test trendline before hit may target. The nearest hurdle will be at 1.0908 , 1.1684.
$ICON - Continuation Trendline Holding Strong Iconix Brand Group, Inc. engages in the ownership, licensing and markets a portfolio of consumer brands is a brand management company. It operates through the following segments: Women's, Men's, Entertainment, Home, and International. The company was founded in 1978 and is headquartered in New York, NY.
SHORT INTEREST
390.59K 09/30/19
P/E Current
-0.13
P/E Ratio (with extraordinary items)
-0.31
Average Recommendation: BUY
Average Target Price: 8.00
ICON - RISKY But HIGH REWARDIconix Brand Group, Inc. engages in the ownership, licensing and markets a portfolio of consumer brands is a brand management company. It operates through the following segments: Women's, Men's, Entertainment, Home, and International. The company was founded in 1978 and is headquartered in New York, NY.
P/E Current
-0.10
P/E Ratio (with extraordinary items)
-0.24
SHORT INTEREST
929.86K 07/31/19
Iconix Brand Group Technical Analysis Higher lows since it bottomed out at 52 week lows (.65) back in June. Built new support @ $1.20. Would be ideal if it can continue to hold above new support.
Next major resistance up @ $1.65. Pivot $1.93 and I believe we can see retracement back to (April highs). PT: $2.40
$ICON On the watch-list for some great gains*****Keep NASDAQ:ICON on your watch-list for some strong moves in the weeks to come, speculation and rumor have brought this to our attention, in confluence with strong price actions and volume today.
SHORT INTEREST $22.40
COMPANY PROFILE
Iconix Brand Group, Inc. engages in the ownership, licensing and markets a portfolio of consumer brands is a brand management company. It operates through the following segments: Women's, Men's, Entertainment, Home, and International
100k block - safe price target $2/$2.50Bottomed out, big volume, looks like continuation.
Closed at 1.60 with a 100k block right before the bell on May 7th.
Strictly TA
Position Formation - 15 min interval - ICONHello Everyone,
The stock (ICON) appears to be experiencing an overbought (at price 2.07). Considering the current consolidation of price-action, there is room for a break out within the next few days. Be conscientious of volatile market fluctuation.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Aware and Stick To Your Trading Plan)***
-LionGate
ICON Day TradeThink .31 maybe for monday already moved up on monday this tends to move up 10cents on reversals but this time may be higher
This is an Iconic MomentWe are looking at 50% appreciation in 3-6 months.
Target: $11.40 by March 2017.
ICON swing short http://tinyurl.com/bs7xgo9 odds based on daily Monthly continuation pattern result with daily base and swing selling pattern for run to 30 area and more tinyurl.com
