IOT is looking at a strong bullish continuation to the upside after breaking above the descending triangle accompanied with spike in volume. Furthermore, the ichimoku is showing early signs of bullish upside. Stock is oversold and is likely seeing and long-term MACD is likely forming a reversal crossover at the bottom. Directional movement index is showing sustained bullish strength. TP 1 is at 150.00, TP 2 at 53.17 and TP 3 at 74.00. Key support is at 37.00
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