ICON ICX long term targets

ICON ICX long term targets

The yellow targets are caculated using both Fibonacci retracements and extensions, technical chart patterns and past support/resistance lines. The right chart shows the weekly cup and handle on a logarthmic scale, resulting in more emphasis on extreme (low) values. Due to the logarithmic nature, the targets should be taken with a grain of salt, but could provide guidelines when a parabolic surge occurs (e.g. ICE launch)
NFA .