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Looks like it might dip to 0013
Each day that PR does not come out, I think weak hands are going to fold in the short term. IMO this is going to add an extra dimension for ICBT to overcome to push up. I'm holding long but I'm starting to get a little anxious after holding this for 2-3 months.
PR is overdue, even if it not China contract related IMO. Pullback was predictable I think...if you look at the historical charts, the last 3 times ICBT traded outside the upper Bolinger Band, it followed consecutive days down. It is not back within the upper and lower BB's, but not by much. RSI is still relatively high for ICBT in the mid-50's but this would still indicate buy.
Personally I think ICBT may float down. RMDM went on a spree up to 0019 and pulled back and also had anticipation of contract and licensing news however it has not happened over the last few weeks and has now floated down to around 001.
A lot of people got in with anticipation of PR and each day that does not occur will shake more loose hands as they start to decide there are other opportunities for day profits. However if you are long, buying more at this level should still be good IMO.
Well down from 0022 but close up off of 0015 which it touched briefly. Not a total loss today but would like to see some resiliancy from ICBT in the coming days and float up instead of down.
Any reason why both A/B is above current 0017?
No buyers @ 0019....at least for today that is!
someone just pointed out that ICBT averages like 4 PR's a month....well it's Jan 19th and none so far lol. I'm still banking on the fact that it moved from 0008 with no news. If it moved like that with no news, imagine what it will do if contract news comes?!
PR could come at any time. If you are in, sit tight for a while. I've made the mistake a couple times in not holding or missing PR and left beating myself. Not going to make that mistake this time!
Wow I didn't think the volume would dry up this fast on ICBT, let's get back to 002 at least today!
wow whoever got in @ 0015 and 0016 congrats, bargain shares don't even begin to describe that purchase!
if a few more weak hands fold, ICBT will likely be under 0015
.002-.0025 today? ask looks a little thin, volume will be key I think today to move this over 0025. first hour could be telling. Where is the PR?!?!? lol
Yes, hopefullly green today and keeps running steady....and then hopefully some nice PR before the end of the week. No PR's in Jan so far?!?!
thanks I needed a good laugh.
Predictions for tomorrow? I say .003 is a good bet. Of course the wild card is PR. Still trading within the upper BB and RSI is a respectable 58 (RSI was 72 before sell-off/pullback Friday).I would like to see a slow gradual UT until PR hits....then I'll just sit back and enjoy the ride.
I'm ready for a big week! Hopefully with MLK, it will only build up more interest for IBCT!
Anything is possible, I mean the recovery in Haiti is going to take a lot longer given the economic status of Haiti. If you look at how long the recovery after Katrina took, well I'd say it is going to take 2-3x as long for a recovery in Haiti.
Obviously he doesn't realize up from 0008 to 0022 is still good in 2 days
HOpefully when the China contracts are signed it will give an insight maybe what the overall $ amount is?
Anyone know or have any idea how much $ the China contracts would be worth?
If the China deals were 'off', would we know by now?
Clay thanks for your work, it's greatly appreciated and nice to see that at least ICBT closed above support lvl yesterday.
that's why i was like 'huh'? thanks
where do you get AH quotes for pinkies?
Good info...might also say that both of those had 'corrections' and pull-backs on the way up! With news, this will sky-rocket! chinese contract could only be the beginning if holding long
from 0022 to 022 by end of next week! have a great weekend everyone.
up from 0008 wed to 0022...i'll take that. nice base for next week IMO
Why does NITE show up with bid of 0021 and ask of 0023?
Well looks like 0023 is our close unless something unexpected happens in last 30-minutes. Great week though, can't wait until Tuesday!
power hour is almost here. Am I reading l2 wrong, but if it can work it's way past 0025, looks to be a huge jump up?
definately not a MM LOL. thanks for the insight, I soak as much as I can up and learn new stuff every day.
Good to hear. speaking of low float i re-looked at the historical charts and wow, huge ups and downs, so I guess this is not uncharacteristic of ICBT. Some are calling ICBT a pump and dump since it moved with no news.
002 I'm trying to make sense of this here?? ICBT is my first penny.
all these ppl selling are going to be sorry soon IMO!
momentarily hit 0021 i see!
i would be very surprised to see this dip below 0022...if it did, could cause even more to sell IMO
Nice support formed....will check back during power hour!
it wants to run....strange
looking like ICBT might settle in 002-0025 range for start of next week tues