Heavy Buying Comes from 330-325 levels.. so down side seems restricted.. Once Cross 365-370.. will make new highs and run like a mad bull !!! Lets see !! its in BULLISH TREND and is currently retesting and cooling off its WEEKLY RSI>> a lil Support from Market and it will blast !!
IEX, after nice bull run, seems to be taking rest. Taking support on Daily charts at 328-333 levels which is 0.786 fib level as well. Watch out if it breaks support or upper trend line.
The Chart Shows my Trade which i took on 06/04/2021.. Simple Chart.. Hot Stock.. Retest seems to be done.. may be false too.. Market if sustains , can achieve targets very fast !!
IEX on support, it could either break it and take support on rupees 320, Fibonacci retracement level of 38.2%, or hold the support and move up. Watch for maintenance or breach and take a call accordingly!
iex chart analysis for intraday and swing trading
CHECK THE ANALYSES SHARED ON TRADING VIEW AND SEE HOW THE ANALYSES WERE DONE WHICH GAVE HANDSOME RETURN CLICK THE LINK TO SEE THE IDEA I DISCUSSED FEW DAYS BACK ON TRADING VIEW . IEX GAVE RETURN AS DISSCUSED BACK AND IT CAN ALSO BE HELD FOR MEDIUM TO LONG TERM 1. STRONG STOCK 2.STRONG FUNDA
Look fresh near 185-195 for upside 220+ levels in med term with SL 175..
Retracment after a strong breakout. Now we can see a Pullback from demand zone.
IEX has been consolidating since Jun 20 in narrow range and gave breakout 14 Sep 20 and retested its breakout level in previous day session. Formation of a good bullish candle here will make a good buy for swing / Long term. You can see inverted Head and shoulder pattern as well.
Note: This is for educational purpose only. There is an ascending triangle bullish breakout with ultra high volume. Moreover, RSI is above 65 which indicates bullish momentum.
Good move after long time. Let's see if this sustains. Only for educational purpose.
iex was very good for long, on break and sustain we can see good move
The news side: IEX is to commence trading on GTAM from this Friday, 21st August 2020, which gives the stock good support as well as a boost for a good upward movement. The levels: The 196 level seems cautious, may work as resistance. However, the latest formed depth of head & shoulder pattern gives a target of 200+
S/R Marked FIBO Levels Positive CRS EMA 61% IS very imp level will WRC with VOLEXP to go long.
I am a learner and recently started reading charts.