NASDAQ:IEP - Nasdaq - US4511001012 - Currency: USD
Overall IEP gets a technical rating of 1 out of 10. IEP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, IEP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.94. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.72, a Stop Loss order could be placed below this zone.
8.51
We found 1 important support area.
2 important resistance areas can be observed.
8.75
+0.21 (+2.46%)