I've identified a possible gap that needs to be filled between .386 and .35 - highlighted in the purple box. There is just a single wick going through this zone. I've placed a fib retracement on the chart for a bottom in at .35 and a high of 3. This produces a target in the $4.60 range.
This is all just speculation of course. The chart does seem to be flattening...
I believe today we finally broke the downwards trend IDEX has been in since the Hindenburg accusations. Hopefully next week (7/13) starts the climb out. Based on this, I would expect next week to end in the mid-1.50s - and that would be without any major PR that could potentially rocket IDEX higher.
