Replies to post #28298 on Iconic Brands Inc (ICNB)

[trader53]

ICNB - Positive Divergence forming on Minute Charts !

MFI - Money Flow Index is at an Oversold reading, under 20

* Bottom is forming !


ICNB - Series of Traders Charts
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124678640


Understanding Divergence
http://stockcharts.com/articles/chartwatchers/2010/07/understanding-divergence.html?st=divergence

Divergence:

* A situation that occurs when two lines on a chart
move in opposite directions vertically.

* A Positive (Bullish) Divergence occurs when
the indicator moves higher, while the stock is declining.

Bullish Divergence:

Price Trending Down as Chart Indicators are Trending Up

[trader53]

ICNB View the Elliott 5-Waves Up, and 5-Waves Down


Embedded and Live! Minute Charts
are showing both of the Elliott Waves

* 5-Waves Up
* 5-Waves Down


ICNB Buy after an Elliott 5-Wave decline sequence!

Elliott Wave Basics
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113103065

Elliott Wave Principle
http://www.forexhit.com/learn-forex/elliott-wave-principle.html

Elliott Wave Theory
http://ta.mql4.com/elliott_wave_theory

A Basic "A,B,C Corrective Wave"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113102933












ICNB Buy after an Elliott 5-Wave decline sequence!



Elliott Wave Basics
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113103065

Elliott Wave Principle
http://www.forexhit.com/learn-forex/elliott-wave-principle.html

Elliott Wave Theory
http://ta.mql4.com/elliott_wave_theory

A Basic "A,B,C Corrective Wave"
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=113102933







News / Targets
http://www.allotcbb.com/quote.php?symbol=icnb

http://www.investorpoint.com/stock/ICNB-Iconic+Brands+Inc./market-makers-level2/

[trader53]

ICNB "Excitement and Thrill Stages" Coming shortly !

ICNB - Currently in the "Optimism and Relief Stage" !

Targets 0.002 / 0.003 / 0.005 / 0.006 / 0.009 / 0.02 / 0.03

ICNB - Likes the 1st Week of September