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Is ICON setting up for a drop? Fell Below 50 Day Moving Average shows up after sliding 0.96%
On Monday, August 3rd, ICON moved down 0.96% while volume shrunk to 0.1× the usual levels. Fell Below 50 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 1.0, 0.98 & 0.93, with resistance at 1.07, 1.12 & 1.14.
Current SwingTradeBot Technical Rating of ICON: F
This might just be the start. See what else showed up for ICON today.
Read full article here »