The stock has so far shown that each movement to 62c so far has been a spring, then the absorption sends it back up towards the higher end of the range. I’ve had my buy order sitting at 60c for a while to see if the very bottom of the range would be tested again but atm its looking very like 62-63c is turning into the bottom of the range so far. All the price action of the trading range is suggesting reaccumulation for a continuation move, so I’m going to be looking to buy more.
IFN Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
