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max69
Jul 8, 2020 3:29 PM

Idea for Ideanomics - Long on this breakout Long

Ideanomics, Inc.NASDAQ

Description

Broken the down trend with nice confirmations in volume, and MACD crossover.

Big potential in the EV market. Swing trade coming up to earnings next month. Maybe hold longer term depending on outlook.

Disclaimer:
Not trading advice. Just my opinion. Trade safe and do your due diligence before buying any stocks.
Comments
andreastabasko
Amen man!
DeerSpotter
Don’t forget the almost billion dollar bet made.
BeardedSince
Am I the only one reading the full article?! lol
BeardedSince
They are being sued for false information, no way this long. It’s already dumped . Maybe a quick intra day depending volume but nothing else
andreastabasko
@Ksanti7, sued by who? By short sellers? lol
max69
@Ksanti7 the law suits appear to be fake in my opinion
Zateman
@Ksanti7, Alf Poor has been quiet as they seek legal advice on Hindernburgs short-selling campaigns so it seems the suits might be headed in the other direction. That being said, this stock can go either still go either way and I think we'll probably trend sideways before a news release triggers the next break
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