ICON - Buy Opportunity - 98% ROI - 25:1 Risk/Reward
Reasons to buy using a LIMIT should price re-test the consolidation zone:
1. Valid break-out pattern with a clear consolidation zone
2. Consolidation occurring at the upper trend line of the larger break out pattern
3. Multiple break out patterns to the upside that have reach profit targets
4. Increase in volume prior to break out
5. High return on investment (98%) with massive 25:1 risk/reward
Investors that follow fundamentals will know there is upcoming news for ICX.
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
1. Valid break-out pattern with a clear consolidation zone
2. Consolidation occurring at the upper trend line of the larger break out pattern
3. Multiple break out patterns to the upside that have reach profit targets
4. Increase in volume prior to break out
5. High return on investment (98%) with massive 25:1 risk/reward
Investors that follow fundamentals will know there is upcoming news for ICX.
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
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Could see a small retracement here due to profit taking on completion of a smaller break out pattern.
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Testing the first consolidation zone now. Keep stops in place or move below lower consolidation zone if you willing to take the added risk. Still a 7.4.1 trade might I add!!!
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Price has touched the first consolidation zone and pushed away. Move stops to breakeven for a FREE Trade with a potential 98% ROI... gotta love trading!
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Expect profit taking / retracement:
评论:
As expected, retraced back to the comsolidation zone for support.
