rdoueiri321

IDEX Overview

rdoueiri321 Updated   
NASDAQ:IDEX   Ideanomics, Inc.
Every company, whether it be public or private, goes through a series of events. It is inevitable for those events to be both negative and positive. IDEX recently experienced a change of upper management and the overall chain of events in their company. The only way us investors can adapt to this change, is by using the tools that geniuses like William Bollinger, Alan Andrew, and Leonard Fibonacci have created that are readily available. By using a combination of this and some other simple math equations, I have figured out the exact price movements for IDEX, as far as proportion goes. I discovered something that was truly intriguing. Both the time and price of IDEX were proportional to each other in different ways. This allowed me to make crucial predictions. As shown on the chart, the first low in this wonderful cycle was 1.88. The high that corresponded it was exactly 6. The second low was 1.81. The second high was 5.75. From here it was pretty simple. If you divide 6 by 1.88, you get about 3.19. Do not confuse this with percentage as that is a completely different number. Now multiply this by 1.81. You get 5.77 right? This is almost exactly the second high, which was 5.75. Why is this important, you may ask? If we are at a high one day in 2019-20, and it is 3.19 times as much as the preceding low, we can truthfully say that we are at the absolute high for that year. Now, as my chart shows, the lows are decreasing in a proportional line. I have also predicted the time increments. I used proportion to predict the time increments as well. Because it took 4 moths for IDEX to start rising again, and only 1.5 in the previous year, I could make the time increments out to be a 2.6 proportion. Therefore, by multiplying the 7 months that it took for IDEX to start the larger rise again in August of 2018 by 2.6 as well, I got the 18 months shown on the chart for the next big rise to start. However, the time analysis is not as airtight as the price analysis. This is because either the 18 month (14 month now because we are already 4 months through) time or usual 7 month that happens annually is bound to happen. If it follows through with the 18 month, the low will be 1.52 and the high will be 4.85. These prices can change due to unexpected volume fluctuations, corporate deals, and inflation, but it will remain about the same. As for all of my constant supporters, thank you for supporting through my journey that has lasted for over a year now. I hope to further spread that knowledge with you. You can join my discord at discord.gg/kwc6yx
Again thank you, and as always, good luck.
Comment:
Nothing exact yet, but this IDEX could end up playing out in this projection or the one in here:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.