Bankruptcy plays are falling out of season, and penny stock shenanigans seem to be the new fad. Currently, stocks trading at around a penny are running left, right, and center. A likely candidate for this trend is Ideanomics, Inc. (NASDAQ: IDEX) since it is one of the cheapest stocks on the NASDAQ exchange. With a history of sporadic runs, IDEX stock may be...
in my humbled opinion NASDAQ:IDEX should stay above 0.10 as first step then stay above 0.14 next to start moving at least to the previous positions between 0.30 to 0.50 price
Based on the overall trend, IDEX prints a Demark13 on the weekly at the bottom of the trend line. Next week will be a 13. The bottom of the trend line is near .006. IDEX is currently .025. It has also bounced before touching the trendline in previous cycles, so .006 is not a guaranteed bottom, but a very real chance.
I believe we'll see the bottom next...
Idex is a great company, they focus on solutions to reduce emission grade of rolling vehicle.
In the last few days they had many good news about new partnerships, also they made good progress on a German NOUN.
In the coming days this stock could go to 1 dollar, followed by massive interest to their new collection of tractors, motorbikes and cars.
The company is...
Ideanomics, Inc., through its subsidiaries, develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia and the United States. The company's Ideanomics Mobility business unit focuses on the commercial adoption of electric vehicles (EV) by commercial fleet operators. This business unit provides solutions for the...
we are testing our breakout zone above the 0.37$, if we open the the market above that level and hold above it , we going to test our 2 profit taking , if we opened below the 0.37$, we need to hold the support above the 0.34$ to confirm the strength of the bull and go up to break the 0.37$ and continue towards our profit taking .
Ideanomics
Short Term - We look to Sell at 0.617 (stop at 0.665)
Previous resistance located at 0.610. 0.610 continues to hold back the bulls. Trading volume is increasing. Price action has posted a bearish Dark Cloud and is negative for short-term sentiment.
Our profit targets will be 0.506 and 0.449
Resistance: 0.610 / 0.820 / 1.120
Support: 0.520 /...
Ideanomics
Short Term - We look to Sell at 1.08 (stop at 1.18)
Previous resistance located at 1.10. 1.10 continues to hold back the bulls. Our outlook is bearish. The bias is still for lower levels and we look for any gains to be limited.
Our profit targets will be 0.83 and 0.65
Resistance: 1.10 / 1.40 / 1.65
Support: 1.00 / 0.80 / 0.50
Disclaimer – Saxo...
