After a long bearish phase, the stock has touched it's 200 moving average in weekly time frame and i currently hovering around it.
116-120 can act as a strong support for IEX. As long as the support holds, we can expect a pullback.
And if there is a consolidation for certain period of time, we can expect a change in trend as well.
116-120 can act as a strong support for IEX. As long as the support holds, we can expect a pullback.
And if there is a consolidation for certain period of time, we can expect a change in trend as well.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.