Get started

IDEX

$IDEXPrice have been moving in a slightly bearish channel since March, here it formed an ABCD pattern and broke out. Price then tested a bearish trendline and fell back into the channel again. On the weekly, price have been moving in a massive flag formation with a minimum target at 4.77 dollars if it breaks out bullish. This flag formation has just been broken to the upside and could be setting up for an uptrend to the moon. From July 14 to July 21 price contracted and lacked liquidity, afterwards it started expanding and tested support from lower breakout line at 2.07 dollars. This push down most likely came from smart money trying to get the stock at the lowest price, without breaking out the price bearish. Price is still in the expansion phase but with strength from the flag formation it could be testing the upper breakout line at 2.77 dollars. If the stock can break this line, it will go into the breakout phase and we could potentially see some big moves to the upside.
ILong
by Hami_Invest
IDEX 8/10/21IDEX consolidating right now, and looking to break either direction. It has some support $2.28 that it needs to hold if it's going to move back towards previous highs. If we can break to the upside, then we can test the high of the range we've been in since March 2021 of $3.42. If we can't hold the $2.28, we can see a breakdown to the $1.70 area. Keep an eye on the current trend and consolidation. Could be an opportunity for calls or puts depending on which levels hold or fail.
I
by danielgoldfinger
Channel Trading On Idex50 and 382 Fibs holding the channel right now for IDEX . Lower limit still holding as "safety net support" but would like to see much more volume here. There's a lot more discussion about EV so maybe that helps. Also seeing a discussion about things like this: "Ahead of a new advancement, IDEX stock is moving up in the market. On June 14th Ideanomics announced that it has acquired U.S. EV tractor company Solectrac. It acquired the remaining 78.6% of the company which gives it a more than majority ownership. While many think of electric cars as the main source of a sustainable future, few consider the major agriculture industries’ use of fossil fuels. And, many farmers spend the majority of their operating costs on fuel for their vehicles. So, to transition to electric would be major for this industry." Quote Source: 4 Penny Stocks to Watch Following the Fed Meeting and Powell’s Remarks
I
by PennyStocks101
2
$IDEX Target 4.93 for 41.67% $IDEX Target 4.93 for 41.67% Or next add level is at 2.25 I thought I updated this chart... but I guess not... sometimes with the 10 chart publishing limit I can't post them all. GL... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
ILong
by SPYder_QQQueen_Trading