IEX breakout after long consolidation
IEX has been consolidating for about a year now. It had some negative news and this took time to consolidate.
The 3 fan pattern has given a clear reversal pattern.
Good supports between 142 and 150.
Stop loss: 137 ( Actually its at 121.If you can handle loss it then, good for you)
target : 190-200
Disclaimer : I do have positions and I will stay or come out at my discretion
The 3 fan pattern has given a clear reversal pattern.
Good supports between 142 and 150.
Stop loss: 137 ( Actually its at 121.If you can handle loss it then, good for you)
target : 190-200
Disclaimer : I do have positions and I will stay or come out at my discretion
Disclaimer
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