Looks like IEX is forming HEAD and Shoulders
IEX is forming Head and shoulders pattern. It is taking support at 100EMA if it break 230 level according to Head & shoulders pattern and support levels we can expect targets as
Target1: 206
Target2: 190
NOTE:
It broke the trendline of 1sep-20Dec and it is also forming bearish flag and pole pattern
Pole Target:206
MACD: Negative
100EMA:234
200EMA:200
Target1: 206
Target2: 190
NOTE:
It broke the trendline of 1sep-20Dec and it is also forming bearish flag and pole pattern
Pole Target:206
MACD: Negative
100EMA:234
200EMA:200
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