INFI - Fallen angel formation Long from $2.14/$2.20 to $2.76

٢٧ ديسمبر ٢٠١٧

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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