ICX approaching the end of a large descending triangle, typically a bearish signal suggesting continuation of our downward trend. Watch for a downside break past bottom support and increased volume for confirmation. In this scenario, after a break down, we can expect a brief return to 5800 as support turns to resistance, followed by strong downward...
Convergence of massive upward channel that started in July and smaller downward channel that started in January, as well as 0-fib set by Feb. 6th low. Expecting bounce and slow upward growth to follow.