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Hi friends hope you are well, and welcome to the new update on Icon ICX:
On a weekly time frame, ICX is bouncing from the support of a down channel but still moving under the resistance of $.29. The resistance of the channel is at $0.40.
On a 4-hr time frame,ICX has formed an inverse Head & Shoulder pattern. After breaking out this pattern, there will be a high probability to break the channel as well.
You can watch a detailed analysis in the video.
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