Replies to post #106356 on Iconic Brands Inc (ICNB)

[LagunaRad]

Those Bollies are looking soooo sweeeeet

[Go-Gold]

Bollies ; pinch time with the right news! Chart is looking up for a change.

[KennyPenny]

Must be reading the chart from right to left lol

[The Whale]

If you look closely you will see 2 red candles (Whoppers) held by 2 white soldiers (Rich and Ryan) with mustard on their shirts followed by a very rare harambi dove with its wings clipped off.

CHARTING 101

[Captain Jonah]

The tide is out and shallow volume leaves day and days term trades without a reliable exit.
The "death spiral" is in the short term liquidity. Betting the farm on plays of progressively escalating risks leads to increased losses. Aversion from those risks leads to lower volume. Shallow vanishing volume, SP hovering just under the insinuated apogee of the 50MA it IS the calm that comes before the storm.
The numbers reflect the results of the marked shift away from short term Monte Carlo speculation positions towards longer buy/accumulate/hold positions. IMHO