Possible break in the current downtrend upcoming imo. The potential isn't unrealistic, but IDEX needs to break current downtrend, and at the least hold strong support at 2.71. I expect a retest of previous high in late march as their ER falls around the same time.
There are also potential catalysts that could kickstart an uptrend, but I won't get into those as they depend on the companys PR to do so.