ICN 0.00% 1.2¢ icon energy limited

ok pros what about this one

  1. 1,320 Posts.
    I'm not sure where this post is heading but chartists much better than me might detect something positive and let me know.

    I thought I'd throw it into the forum just in case it may be one to follow.

    Icon Energy (ICN) spiked on 8 Feb with a vol of 1.8M to reach a high of 6.8c - up .4c from previous 800k vol. This was on no announcement. Yes, a conservative volume.

    For the next few weeks it remained roughly around that sp, trading on a wide daily band but under 300K vol. There were still no announcements.

    On Monday 3 March it jumped .4c to 6.9c with a day high of 7.1c with a vol of 522K. No announcement.

    Volume suddenly increased. No announcement.

    And the trading band is now much tighter than in previous weeks. Fewer swings.

    It has moved from 5.6c on Thursday 7 Feb to 6.9c today. Vol has increased in a jump but with no obvious reason. And the candle chart looks promising.

    But I defer to better chart readers than me.

    Is it one we should watch, HC contributors?

    Over to the real pros for an opinion.


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Mkt cap ! $7.170M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $2.52K 210K

Buyers (Bids)

No. Vol. Price($)
1 456 1.2¢

Sellers (Offers)

Price($) Vol. No.
1.3¢ 98266 1
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Last trade - 13.01pm 06/12/2019 (20 minute delay) ?
ICN (ASX) Chart
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