After a long bearish phase, the stock has touched it's 200 moving average in weekly time frame and i currently hovering around it.
116-120 can act as a strong support for IEX. As long as the support holds, we can expect a pullback.
And if there is a consolidation for certain period of time, we can expect a change in trend as well.
116-120 can act as a strong support for IEX. As long as the support holds, we can expect a pullback.
And if there is a consolidation for certain period of time, we can expect a change in trend as well.