IEX the monopoly company has Double Bottomed for a reversal
IEX has closed above EMA 9 & 20
the stock has taken multiple rejections from EMA 50 line which also acts as main resistance to the stock price since a long time.
The stock is expected to reach the target price by taking its previous price actions.
The stock price may retest EMA 50 before hitting Target 2.
Place stop loss GTT trade while taking the position.
remember to authorize the sell every morning to execute the GTT trades successfully.
Note,:
This trade idea is entirely upon my personal observation, this is not a recommendation or call. I request you to do your own research before taking the trade.
Do comment for any doubts or clarification.
IEX
the stock has taken multiple rejections from EMA 50 line which also acts as main resistance to the stock price since a long time.
The stock is expected to reach the target price by taking its previous price actions.
The stock price may retest EMA 50 before hitting Target 2.
Place stop loss GTT trade while taking the position.
remember to authorize the sell every morning to execute the GTT trades successfully.
Note,:
This trade idea is entirely upon my personal observation, this is not a recommendation or call. I request you to do your own research before taking the trade.
Do comment for any doubts or clarification.
IEXOperación cerrada: precio stop alcanzado
Trade reactivated with SL below 150Operación activa
Operación cerrada: precio stop alcanzado
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.