EngageTheTrade

INFI breakout setup

Panjang
EngageTheTrade Telah dikemas kini   
NASDAQ:INFI   None
Broke a bull flag on the daily a few days ago, now forming a nice ascending triangle. No clear breakout price, but I'd say over 2.61 intraday on expanding volume or a close above 2.61 for a swing trade. Risk to 2.40 with a large gap to fill, but based on history, reward potential/price target up to 3.25
Komen:
Held trendline and got some good volume into close. Notice last 2 days on the last 2 5min. volume sticks, very similar, but increasing each day. May not mean much but interesting indeed.
Komen:
Tightening. Staying in formation on less volume. RSI is clearly overbought but as long as this stays in formation, it can go. I wouldn't be surprised if it picks up volume in next few days, barring a huge pullback in the market.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.