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INDIAN ENERGY EXC LTD

IEX Attempted BO [Weekly]

Od HawkishDove
Zaktualizowano
IEX Attempted a BO with good volumes this week, 10W/40W cross is still awaited, but seeing the chart it seems IEX might be a good candidate for reversal ahead. Keep an eye out for it in case there is a shakeout before volume is attracted for an upmove.
Uwaga
Confirmed weekly BO now above ~164 pivot point. Should take support around this level if markets remain healthy. Volumes definitely show interest now.
Keep in list for January.
Uwaga
Too early to say anything, but 164 level is seeming like a support level for now. One can think about entering if this level sustains with a decent SL in mind, Volumes are encouraging for sure.
Uwaga
Ouch, if one had a tight SL, it would have been taken out today, huge volumes and a >5% fall, this is not common for a stock in momentum.
Uwaga
Extreme bearish week for this, out of the list completely.
Chart PatternsTrend Analysis
HawkishDove
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