IEX is poised for breakout in the Weekly Chart. Strong Momentum: Price above short, medium and long term moving averages MACD Crossover Above Signal Line Rising Net Cash Flow and Cash from Operating activity Growth in Net Profit with increasing Profit Margin (QoQ) Company with No Debt Increasing Revenue every quarter for the past 3 quarters Increasing profits every quarter for the past 3 quarters Book Value per share Improving for last 2 years
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