IEX Buy, based on Weekly chart.

2023년 5월 13일

IEX is finally showing signs of a consolidation and also a potential breakout after a healthy correction from ATH. With RSI at 50+ on weekly charts, this makes it a good candidate for buying on dips for as long as trend is up.
To ascertain if trend is up please keep track of certain indications -
1] Price action - Higher high and higher low formations
2] Moving averages sloping upwards
3] RSI above 50.
Please keep an appropriate stoploss based on either support zones, moving averages or ATR and make sure to implement proper position sizing.

2023년 7월 7일

노트

IEX is now at a crucial demand zone, if it breaks the zone, it would certainly be wise to exit!