IEX has failed to close above 401.55, this time it will probably close above 402 and touch new swing high.
Long lower tail, higher high and higher lows for last 4 out of 5 days, volume is also good, expecting a BO.
Long lower tail, higher high and higher lows for last 4 out of 5 days, volume is also good, expecting a BO.
Comment:
Today it broke previous swing high and closed within the box with good vol, expecting trade to get activated tomorrow.
Trade active:
Trade activated @ 375 - moving towards 400 slowly