IEA - No trade - Neutral territory
This stock has broken the 10 and 12 EMA so it is no longer bullish. Major support at the 50 MA which has bearish implications.
Volume is bullish yesterday but does not take out the bearish volume level on Jan 25th.
I would not get involved with this stock until it reclaims $23.00 or see several closes above the 12 EMA to get involved.
Right now, stand aside. Better trade set ups out there.
Volume is bullish yesterday but does not take out the bearish volume level on Jan 25th.
I would not get involved with this stock until it reclaims $23.00 or see several closes above the 12 EMA to get involved.
Right now, stand aside. Better trade set ups out there.
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