SUMMARY:- *stock has rejected its 20-ema *on shorter time frame we have a visible "m" formation also called "double top" *a close below 245 on closing bases will confirm symmetrical triangle pattern breakdown *if achieved a close below 245 we will see a clear move towards 233-230 *followed by further breakdown then 223-215 if not then a pullback towards breakout levels can be seen
IEX JAN FUT SHORT@249 STOP@258 TARGET@242-238-233 (WILL EXTEND IF CLOSE BELOW 233 IS ACHEIVED)
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