Sunday, January 22, 2017 1:53:00 AM
Looking at the daily chart time frame within 90-100 days past activity, ICNB shows a very exciting bull pennant formation.
However, it is approximately 3 weeks from completion of the formation. At that time, of the formation completion, expect a sharp move upwards to .02 (20% odds), or a sharp move down to .003s (very likely 70% odds).
What this tells us mechanically and technically, is that we have 3 weeks of profit trading weekly between .009s and .013s, taking profit each week at end of week.
At the end of 3 weeks, you can make your educated decision on whether it will go up or down at pennant completion.
The odds and history show that it will retrace downward from .013s in mid Feb., to a price of .003s by late Mar.
Try to not listen to hype, or photos to fool with eye candy, or writings of "maybe" "fantastical events"; and just let the mechanics of how ICNB trades tell you when to get in and out for weekly profits. In at .009s or.008s if you're lucky, and out at .012s and .013s.
peace, and profits to you and yours
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