IEX is trading in the zone since 6-7 trading sessions. A breakout above 380 with good volumes can lead to new All time high. It will be weak below 360 levels. Keep an eye for breakout with huge volumes above 380.
There have been multiple rejections at the resistance level of 240. Also, the stock has started to trade in Rectangle within the range 215-240. Keep an eye for breakout or breakdown.
