IFN Chart, page-82

Falls in the right hand side of a trading range generally aren't good since it can be a signal that what the trading range was actually distribution rather than reaccumulation. The reaction off the upthrust was quite strong even breaking the bottom of the range, but this isn't necessarily the end yet - if price springs from here then that is a bullish signal. The price has up to here been relatively tight in the stock, which is usually a sign of reaccumulation rather than distribution - for distribution the selling should be more evident. Idk how much effect the market wide sell off affected IFN, as a small cap it should usually trade to its own tune and not be so affected by large cap sell offs. As long as it holds this reverse supply trend line then the demand is intact imo. Still, pulled my buy orders at the open yesterday and not going to add any more until the chart proves the market is still buying. Not selling yet either though.