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.
IEXTrade chiuso: stop raggiunto
Trade reactivated with SL below 150Trade attivo
Trade chiuso: stop raggiunto
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.