Australian (ASX) Stock Market Forum

ICN - Icon Energy

An entry in the vicinity of 25c offers a low risk trade IMO and a break of that 33c level that you mention would be great. I would expect some consolidation, perhaps a retreat, before it runs over that on good news. Watching!
 
An entry in the vicinity of 25c offers a low risk trade IMO and a break of that 33c level that you mention would be great. I would expect some consolidation, perhaps a retreat, before it runs over that on good news. Watching!

16 cents a few months ago would of been even better.:rolleyes:

Anyway watching with interest as ICN have some acreage very close to the Beach shale test wells.
 
Taken a small profit here. There's no way the new pattern (ascending triangle) will bust as easily as the old symmetrical triangle did, with some of the other shale stocks taking a decent hit today. Watch for double top break to the downside?? Unlikely but possible.
 
Been a while since anyone posted on the ICN threads. Does anyone else think this is worth a punt at 1.6c with its new blue hydrogen strategy being examined?
 
Bit of volume went through yesterday. Christopher Chandler has appeared in the T20. This could really move over the next few days from 1.7c
 
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