This could bounce back into the $3.50s as before again soon. Thoughts?
Elliott wave zig-zag wave C to 2.5, then impulse to 5.0 in wave 3 up. Later taking out ath with leg 5
Potentially a double or triple bagger within 2~3 months
This price formation is somewhat peculiar. It can fall between 61.8 and 50 on the Fibo. It usually ends in a breakup.
Finally in uptrend and with good fundamentals from Wave, Medici and other acquisitions, we will go further up. to be honest, IDEX is a sleeping giant with a low market cap. people have overlooked this stock
heres my update... made some news drops ast week on no movement
50 and 382 Fibs holding the channel right now for IDEX . Lower limit still holding as "safety net support" but would like to see much more volume here. There's a lot more discussion about EV so maybe that helps. Also seeing a discussion about things like this: "Ahead of a new advancement, IDEX stock is moving up in the market. On June 14th Ideanomics announced...
Have a fake resistance @3.16, already crossed couple of times - Volume increasing. Bears trying to pull it down below 3.16 - let's bull raise it up. Should be high soon.
It seems with the volume around $3.50 being significant, and the buy signals up for IDEX around $2.90, it may run up soon.
Looks very promising, let's break next resistance. Stay long stay rewarded.
Breakout + trend reversal signals. 3.17 USD is the next level we need to pass. Then we can attack 3.42 - 3.65 USD again. Looks solid again:)
$IDEX Target 4.93 for 41.67% Or next add level is at 2.25 I thought I updated this chart... but I guess not... sometimes with the 10 chart publishing limit I can't post them all. GL... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position...
All indicators point upwards. Daily and 4 hours charts looks really good for a bullish scenarie. 🚀