ICNB announces acquisition of TopPop, "a contract manufacturing company specializing in the development of products containing alcohol." Read more here: www.ldmicro.com TopPop website: toppoppkg.com Chart continues to get tighter and is waiting to make its next move upwards.
ICNB has been trading primarily sideways for over 5 months now. This daily candle is the first candle since March 3rd to come above the resistance line of $0.4655. After breaching it, the price was pushed down to $0.35 and closed at $0.40. This signifies a force that does not want ICNB to blow just yet. This stock is still accumulating for now but is looking to...
Right now in April of 2021 we are currently seeing a healthy consolidation of ICNB in the $0.40 range with a local peak at $0.55 and minor "dips" to around $0.30. - MACD is sitting just around the 0.0 range and RSI at a beautiful 45 - 50. On March 31st the price dropped down to $0.28 and in the same day rose back and ended at $0.44 which is an incredibly bullish...
This is at an inflection point, does the trend break to the upside or the downside? If you know, please tell me. Now, once it breaks you will know, you don't have to wait for what comes afterwards. A clear tick to the upside or downside is all that is needed.
ICNB is making a flag after the previous wave down. I'm expecting a breakout to the downside.
Iconic Brands has seen a healthy past few months, holding in a fairly tight trading pattern after a very impressive move up from the $0.000x range. The 2016 annual financials have been posted and of particular interest is the section that discusses debt settlement and terms being worked out to a fixed conversion of shares and not the typical toxic death...
Investing in ICNB as another long term penny stock play to add to my portfolio. Not buying expecting to get rich over night, but in a few years this could be worth quite a bit. Real company with real products, very excited for the future.