fatherfibs

IDEX PT $6.38

Long
fatherfibs Updated   
NASDAQ:IDEX   Ideanomics, Inc.
IDEX's first move in November is identical to the last 2 weeks, almost to the day

Pink arrows = first move
- Retracement to .786 off the high
- Extension sets price target at $5.59 - first green circle - dead on

Blue arrows = second move
- Retracement to .786 off the high
- Extension set price target at $6.38, green circle

OBV don't use Fib all alone. FWIW: RSI tanked the last week and volume has been in the drain during the sell off

Thoughts?
Comment:
***Clearly this will be tested on the way up but just sharing my dd on what could be the next high...

Check out Mar19 options movement, too...
Comment:
also this isn't financial advise you bimbos - do your own dd
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