IEX BREAKOUT and RETEST (after a long consolidation)

16 בספט׳ 2020

IEX has been consolidating since Jun 20 in narrow range and gave breakout 14 Sep 20 and retested its breakout level in previous day session. Formation of a good bullish candle here will make a good buy for swing / Long term. You can see inverted Head and shoulder pattern as well.