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     Bob Bewarse Legend Username: Bob Post Number: 18028 Registered: 03-2005 Posted From: 76.28.64.171 Rating: N/A |
about ICOP We're actually glad ICOP Digital Inc. (ICOP) is sliding lower today. After yesterday's strong move higher, we were going to issue a bullish outlook, but simultaneously warn that the stock was overbought in the short run. The market's taken care of that for us though. To really give you some perspective in just how compelling ICOP Digital is right now (and to explain the smart time frame), we're going to look at a weekly chart. Why? It speaks for itself - ICOP is working on a recovery effort. More importantly, ICOP has started it not with a V-shaped move, but rather a U-shaped move... which tend to have much higher odds of success. Even more encouraging is the fact that volume has clearly picked up for ICOP Digital on the way up - a paradigm shift indeed. As for targets, let's use the first Fibonacci retracement line at $3.60 as a 'bigger picture' target. Plan for a lot of volatility on the way up, however. BOB the Legend 
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