Long
INFI - Fallen angel formation Long from $2.14/$2.20 to $2.76
INFI seems forming a flag formation. Volume has increased significantly. It has good insider buying as well.
We think, If it can break its 50 day MA it will continue upward.
* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break $2.14 or $2.20
Exit Target Criteria- 1st Target $2.76, 2nd Target $3.37
Stop Loss Criteria- N/A
Indicator Notes- Good money flow accumulation
Special Note- Decent insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
We think, If it can break its 50 day MA it will continue upward.
* Trade Criteria *
Date First Found- December 26, 2017
Pattern/Why- Fallen angel formation
Entry Target Criteria- Break $2.14 or $2.20
Exit Target Criteria- 1st Target $2.76, 2nd Target $3.37
Stop Loss Criteria- N/A
Indicator Notes- Good money flow accumulation
Special Note- Decent insider buying
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.