Dec. 17 at 3:01 AM
$IEX: Current market context shows a bullish sentiment with the last close at
$177.19, supported by an RSI of 63.77, indicating potential overbought conditions but still room for upward movement. The price is above the 30-day MA of
$171.24 and the 50-day MA of
$169.43, reinforcing a bullish bias. The recent 60-day high of
$181.62 presents a key resistance level, while the low of
$158.19 gives a solid support base.
Actionable Trade Alert:
- Suggested Entry:
$177.50
- Stop Loss:
$173.00 (approx. 2.5% risk)
- Take Profit Targets:
1.
$180.00 (1.4% gain)
2.
$183.00 (3.1% gain)
3.
$185.00 (4.4% gain)
For a more aggressive target, consider a potential breakout above
$181.62 leading to a 17% ROI at
$185.00. Monitor the ATR of 3.28 for volatility adjustments.
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