IDEX
Although there seems to be institutional buying here they clearly know something us retailers do not. looking to fall into an older gap that has long filled in the range of 2.08-1.75. SCROLL THE chart to see gaps indicated by rectangles.
Depreciating factors
-Weak price strength and weak directional strength
-Downward trend line
The positive
-RSI shows fair value
-MACD shows previous price strength although lines seem close to crossing showing the trend to continue during open tomorrow
Depreciating factors
-Weak price strength and weak directional strength
-Downward trend line
The positive
-RSI shows fair value
-MACD shows previous price strength although lines seem close to crossing showing the trend to continue during open tomorrow
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