IEX: Wait for retrace for Good profit

Why to choose: aim for long term only
1. Double bottom breakout.
2. Good volume.
3. Wait for retrace.
4. Company is almost debt free.
5. Company has delivered good profit growth of 19.1% CAGR over last 5 years
6. Company has a good return on equity (ROE) track record: 3 Years ROE 43.7%
7. Company has been maintaining a healthy dividend payout of 48.6%

Thanks for trading panthalu for helping me to learn market.

This is only for educational purpose, Investments are subject to market risk so Please make your own research or consult any financial advisor before take trade, stop loss and target.