IDEX consolidating right now, and looking to break either direction. It has some support $2.28 that it needs to hold if it's going to move back towards previous highs. If we can break to the upside, then we can test the high of the range we've been in since March 2021 of $3.42.
If we can't hold the $2.28, we can see a breakdown to the $1.70 area.
Keep an eye on the current trend and consolidation. Could be an opportunity for calls or puts depending on which levels hold or fail.
If we can't hold the $2.28, we can see a breakdown to the $1.70 area.
Keep an eye on the current trend and consolidation. Could be an opportunity for calls or puts depending on which levels hold or fail.