IEX trade ideas
IEX Accumulation phaseIEX, monopoly stock in energy trading.
It's looking in accumulation phase
Notice the high volume on daily chart which is preventing it from going below support level of 119.
It has a resistance level of 130, if it beaks with high volume them it can go 152 levels and further 250 levels,
IEX is getting ready for next bull rallyIEX have strong fundamental and monoploy in its buisness,its net profit margin is also very high more than 50%.It is currently trading near fibonacci 50% level with a very small risk of 20 % it can give more than 100% in upcoming days .Stoploss and target mentioned in chart
IEX - Possibility of a Channel BreakoutHii all...
Greetings....
Today im sharing with you IEX chart on daily basis, i see a channel break out today, hope to see uptrend in coming days.
Important Things
1. This is only for educational purposes only.
2. Never over trade.
3. Always keep Stop Loss.
4. Trade in limited quantity.
5. Taking a small loss is better than wiping up your whole capital.
I hope you found this idea helpful.
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Happy & Safe Trading
Disclaimer – These ideas shared by me to all are my personal analysis / views. Im not a SEBI registered technical analysis.
entry point triggeredas per previous analysis entry was done and can be wait upto 138 for target as per chart but my heart telling no need any stoplose and wait for 160 target why 160 160 was acted as support once upon a time and acting now as resistence so it was not exactly 160 but but the resistence trendline formed at 160
IEX Buy, based on Weekly chart.IEX is finally showing signs of a consolidation and also a potential breakout after a healthy correction from ATH. With RSI at 50+ on weekly charts, this makes it a good candidate for buying on dips for as long as trend is up.
To ascertain if trend is up please keep track of certain indications -
1] Price action - Higher high and higher low formations
2] Moving averages sloping upwards
3] RSI above 50.
Please keep an appropriate stoploss based on either support zones, moving averages or ATR and make sure to implement proper position sizing.
IEX - Weekly AnalysisIn the Weekly Chart of IEX ,
we can see that; after huge selling it is in a range & this can be a BUT at Bottom opportunity.
We might see a W shape recovery OR Selling might continue.
We can take a Simple trade at 128 with SL of 124 and hold for an year for better % of returns.
Possible momentums are shown in chart.
GO LONG FOR IEX.
EXCITING BULLISH PATTERN📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Wedge
📌 Symbol/Asset: IEX
🔍 Description:
Moment Stock with Strong Support
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.