Replies to post #259123 on SwingTrade Member Forum (SWING)

[Rhoben Hood]

I am in no way advocating a long-term hold on ICON, but I do think that it's a bit undervalued in the short-term. I really like their two month chart and believe they have value in their brands (Ecko, Rock, Ed Hardy). I believe they're a bit over-sold due to bearish outlooks put out in late June and I believe there is still good value in ICON for the shorter term. I'd love to see $22, which is doable, in the next month or two.

[Rhoben Hood]

50DMA starting to curl slightly upwards towards an anemic 200DMA as well, FWIW

ICON

RH