IEX - Breaking out after retesting

IEX- its breaking out from the previous support after retesting it. Expecting a target of 225 based on simple elliot wave theory.
A rounding bottom can also be seen. So can expect much higher levels as there could be a possibility of an extension of the 3rd wave. Will watch and update.

Disclaimer - I am holding this stock
This is only an illustration of Elliot wave concepts for discussion and learning and is not a
Chart PatternsWave Analysis

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