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
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