ICX found support and ready to continue its uptrend? I've been watching/ swinging ICX for the last few months as it's continued to form an ascending triangle from the May sell-off.
The most recent Black Friday discount dump put it below its long term trend line but not for long.....????
We've found support in the area around the 200ema and the .382 fib which has flipped between s/r plenty of times this year.
The #BPT #AlphaPrime has just printed a BPT Long following a recent TD9 buy and on the two occasions those two have printed in confluence this year have both resulted in 90%+ gains!!!
Add to this we've just printed a bullish butterfly harmonic on the 16hr, bullish divergence on the 4hr & 1hr and the RSI has plenty of headroom on most longer timeframes.
I'd like some more volume and a break and close above the long term trend line before I go balls deep into this but a little Monday morning YOLO with a tight stop under the 200ema/ .382 fib area is offering enough RR to get involved.
Entry $1.7057 - $1.7872
TP's $1.91/ $2.21/ $2.65
