IEX trade ideas
IEX goes up or down! either way it is good!IES! Finally IEX fixed record date for bonus share! It is offering two bonus for 1 each held !
That means, even at current price which is 816, it appears as good buy. let's say you buy 1 share, it becomes 3. So 816/3= 272. That means each share will cost you 272. That means if share correct after bonus, it should stabilize around 250 to 270.
If it goes up from 816, than better to sell at 15 to 25% profit .
Let's see how it works!
IEX (LONG)Its a good stock to buy and accumulate.
news of split in dec is also there.
this stock is expected to rise good.
taking support near 636 & 700.
BUY @ 700
BUY more @ 636 to avg out
TGT 800-812-950
SL 614
you can keep Deep SL of 560.
if breakout given above 960 an retested ... next tgt 1200 -1500.
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
IEX Intraday Trade Idea for 11th Oct IEX has given a clean breakout from flag consolidation after a swift straight-line intraday move on 8th October. This breakout could take the price around 740 zone based on the calculation of pole size from previous consolidation.
Disclaimer : This idea is for educational purpose only.