IEX : Trend Change...!
5 Step Analysis of IEX
1. On Daily TF wee can see that stock was faced downtrend from April to Sept.2022 then stock was going consolidation zone.
2. On Friday Stock gave breakout with high volume & ready for trend change consolidation to uptrend.
3. Momentum going strong on Dily, weekly, & Monthly Basis with increase volatility.
4.Stock has given break out after long down trend and consolidation face
5. On Monday Stock has given closing above 151 then next upside move we can see at 163 level in coming weeks.
1. On Daily TF wee can see that stock was faced downtrend from April to Sept.2022 then stock was going consolidation zone.
2. On Friday Stock gave breakout with high volume & ready for trend change consolidation to uptrend.
3. Momentum going strong on Dily, weekly, & Monthly Basis with increase volatility.
4.Stock has given break out after long down trend and consolidation face
5. On Monday Stock has given closing above 151 then next upside move we can see at 163 level in coming weeks.
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