IEX -- Monthly chart --look like good days ahead, 1. After sharp fall from 300 sub level stock seen above 21 HMA after many months as current month candle . if this candle manage to close above 21 HMA , stock again will be positive zone 2. Rounded Bottom cup form seen , bottom formation seen 125-30 sub level . 3. Near RSI , ema Positive crossover, this...
As per my strategy this trade has taken support on 50MA which provide boost to create an uptrend
From Last Year Stock is Trading Between this PRICE RANGE of 10.90 ---TO---4.80 good Channel pattern formed on higher time frame 4hr.. Gave breakout with heavy volume ...IT might be False On But i am bullish on this penny stock for Target of 30-50 Ruppes...in 2-3 years... Buy above only gave breakout to level of 11.85--11.90... For ShortTerm Target - 12,15,18,20...