$IDEX Target 4.93 for 41.67% $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 with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading5
IDEX - Ready for a golden cross. 2damunAll indicators point upwards. Daily and 4 hours charts looks really good for a bullish scenarie. 🚀Longby Fatihy00117
$IDEX more room to fallThe market is timing options out... mostlikey past summer in my opinion. This not advice to buy or sell just an observation from my personal perspective. by Dablkmarket3
IDEX; More flash than cashDISCLAIMER This is in no way, shape or form, fluid and function, an analytical, qualitative or intelligent compte rendu. I am obviously not rich, so obviously I haven't made it with my own thinking, so definitely don't put faith in me. But maybe read and learn some things about a company that has no idea where it is going or what it is doing. I also want to say that I spent 20+ hours doing research and writing up a much nicer report, but I do my primary writing in TradingView (like an idiot, and not doing that again), it got deleted so this is draft 2. This is going to be much more breezey, I can't go back and find all those links for sources again, but everything should be easy enough to google. Thesis/TL;DR Ideanomics is a strange company; starting as a streaming media company founded by another in a line of WWE McMahon (this one doesn't have any cool gifs). Acquired by Bruno Wu and changed to Ideanomics, what is called an EV and fintech, a company pushing green forward, is nothing more than a bizarre holding company for an eccentric billionaire who has damaged his own business ventures. Ideanomics is prone to extreme impulses via PR statements released by the company, and general other market activities. There is definitely money to be made in the day trading game, but I will be sitting this one out, forever. The best move forward for Ideanomics is a split of its EV technology and "Fintech", and for Bruno Wu to be removed from the board completely, not just leaving his role as CEO. As long as he is involved, the company is prone to his grand delusions. Chart Analysis Let me start with this, I use psychology to analyze charts more than mathematics. The lines of the chart are the chaotic happenings of thousands of minds briefly intertwining in a marketplace; it is the shareholders we should study to view the capabilities of the stock. A major issue with Ideanomics is the float, about 10% can be accounted by insiders and institutions as of current data. That is about 320 million shares in the float unaccounted for, and without bloomberg terminal, I am not going to figure it out. We see massive swings with nominal volume of 20-50 million throughout an impulse, which means I don't know who has all the rest of the shares. What I believe I see in this chart are multiple populations, from the multiple cycles Ideanomics has gone through, via pump and dumps and major transformations. I believe there are 2 main populations, one declining dictated by the red dashed line, and one growing by the green dashed line (where both of these lines are their respective channel ceilings). With that said, the future holds the promise of pump and dumps, driven by the company or those surrounding it. I predict those to be capped within the yellow lines. Imminent Pump & Dump Danger Citadel and Susquehanna have a considerable amount of calls & puts on this, with more puts than calls, and Susq with 2% of the float. These 2 have worked together to perform these pump and dumps before, how the SEC lets them get away with it I have no clue. Expect the next pump and dump cycle to be rocky. The only link I will share here is this: www.quiverquant.com We see a lot of twitter buzz, WSB pushes, etc surrounding the previous pump and dumps. What we also see is a huge amount of Fail to Delivers around these peaks, which means this is being shorted by someone who can't come up with enough shares to pay them back, or just doesn't want to. While the share count seems high, there still is a 300+ million float. I really can't stress enough that this stock doesn't smell right. I rely on my intuition, and everything is screaming at me to stay away from this one. Holdings/Bull Case There is no bull case. There might be some genuine diamonds in the rough among Ideanomics' holdings, but they will be pulled down by the dead weight among it, and driven into the ground by the lack of competency at the highest levels of Ideanomics management (likely going all the way down). I won't go through the holdings specifically, but it breaks down like this: Fintech; Delaware board of trade (dbot): It’s a penny stock exchange, had little to no regulations, so most of it was bogus. It was extremely profitable, making ~90% of revenue for Ideanomics, before it was shut down for no reason in 2020 by the CEO. Something tells me it was shut down voluntarily before it was shut down otherwise. Fintech; TM2: It’s a precious metals futures exchange pretty much. While the idea is novel, and these metals are a great investment, I wouldn't trust this business, nor Ideanomics with a dime. Being completely new and novel can be amazing, but in this space, it is bound to get dragged down by the SEC at the drop of a hat, if not pulled offline by Bruno himself. Fintech; Timios: This looks like it could be a viable platform, focusing on simplifying/webifying title and escrow services, and with a small name already handling >$1 billion in real estate a month, what are the profit margins on this? This could grow and be nice, but it isn't worth investing in this platform when I am forced to invest in all the other bullshit. EV all together: Some of these are cool, could be cool, but between Tesla and other cutting edge automobile companies, or Harvey coming with their own EV bikes, putting any value on these has to be bundled by the rest. Furthermore, one of these (Silk) isn't even a real company, its hiring, why its here I don’t know. While some of these have potential, remember that you aren’t investing in the underlying holdings, you are investing in the whims of a billionaire. Bear Theory You are investing in the whims of a billionaire. This isn't a fintech-ev-green focused future, this is a holding company for whatever tickles Bruno Wu's fancy. Or at least until December 2020 when he stepped down to focus on a more advisory role of the EV business (dude probably just wanted to drive his race cars). So whatever happens now is anyone's guess. Does Wu leaving the helm give this ragtag team of punching-above-their-weight-class gophers a chance to pull off a hail Mary and deliver a real direction to these random assortment of holdings? No. They are going to sell what they have, keep it going as long as they can, take one final hit and jump off the ship. Or at least that is my guess. They could pull it off, but if I had to bet money on it, I would have to pass. Which is what I am genuinely suggesting here. I feel this strongly I literally rewrote this, pulled everything I could from memory and put this up as a warning post for danger ahead. DISCLAIMER I am going to be real honest with you; congratulations for getting to the end. Thank you for your time, I hope it was worth it. If you have any suggestions, I would love to hear it. Please don’t make an investment decision on my information alone, always double check. I am not a financial analyst, I do not get paid to write any of this, and I do not have an investment in IDEX or it's stock price. Thanks.Shortby DoctorFaustus7
$IDEX PT 5 and higher, Roth Capital investment initiatedIdeanomics, Inc. focuses on driving the adoption of commercial electric vehicles, associated energy consumption, and developing financial services and fintech products. Its Ideanomics Mobility division facilitates the adoption of electric vehicles by commercial fleet operators. This division also offers solutions for the procurement, financing, charging, and energy management needs for fleet operators of commercial electric vehicles. The company's Ideanomics Capital division provides fintech services, which focuses on the enhancement of efficiency, transparency, and profitability for the financial services industry. Ideanomics, Inc. was incorporated in 2004 and is headquartered in New York, New York.Longby UnknownUnicorn192460154
IDEX - trend reversalDEX: That was my expected breakout. Clear trend reversal signal. But you should expect small pullbacks now.Longby TizTrader1
IDEX - Breakout Idex: Idex shows strength again and tries to get out of the downward trend. Bullish signal!Longby TizTrader3
IDEX Elliott wave projection buy opportunityProjection based on Elliott wave analysis. Buy at 2-2.3 with stop at 0.77 with resistance as targets to scale out of your position.Longby heshamahliUpdated 10108
Ideanomics Inc. WRSI oversold, perfectly hit the golden zone, looks very bullish to meLongby Jensen225
IDEX - breakout attempt today!Now it's getting exciting for idex. Today it is crucial. Can we break the downward trend? If so, we will attack 2,91 again quickly. At this point, a pullback is to be expected. Main target is then to win the old resistance at 2.50 - 2.67 as a new support.by TizTrader1
IDEX LONG AND STRON!IDEX Broke the current downward trend, and bounced up off support. RSI buy indicators are present. Recently updated with a Price Target of $7Longby SupermandudeONYT5
ADDED to $IDEX New Target 4.59 for 26.45% $IDEX Target 4.59 for 26.45% Or next add level is at 2.62 Added a little bit here and truly I should be adding a little more. I will in the next few days. — 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 with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. Longby SPYder_QQQueen_Trading119
IDEX Game PlanHere is my game plan for IDEX. I do like the stock and believe in its long term gains. I personally do not see it going under $2 again but its it breaks it definitely will. I dont like the fact that it break the first support line and regained a bit back but this to me is a downwards point. Would like to see it bounce back up to that $2.70 mark but if it does not i will be buying the dips. This is not financial advice this is just how i am approaching IDEX.Longby Serbbandit553
IDEX under possible accumulation ?It looks like IDEX might be ready for another accumulation phase? Notice the Bollinger Band compression? This is not financial advice. Longby ChartProphet337