IEX - Pitai k baad After a decent correction in stock from 320 to 130 the stock now stands at very crucial levels of support zone. So taking the neutral side so:
-A buy after a strong candle at this support zone
-Sell when the support breaks and price Retest the support again
I expect the stock to fall further so most possibly will take the :
Sell below 125 for the tgt of 105
Iextrend
IEX : Accumulation : Box pattern Accumulation is going on in IEX since long time. this is 2nd attempt for IEX to breakout from box pattern but it seems hard to break. if it break 150 level then we can see again 130-135 levels.
But keep eye on it. for me, its good R:R when price comes near 130-135. 125 seems good support here.
Levels are marked on chart for intraday. Follow price action and become Price action chart Specialist.
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
I may be 100% wrong as its my personal trade.
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