ICLN has been following S&P For the past year... yet after a fantastic Q1 surprise the stock has been retracing to it's 8.75 support level.. which has now bounced.
Earnings have consistently beaten the estimates.
Note the exact same pattern in November 2017..with the same support level and the same relation to S&P.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.