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Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

05/08/17 at 11:22 AM CDT

 

 

READ: 4

RPLY: 1

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Sentiment:

Neutral

Reply to:

MSG`#4283,`05/08/17
By LongTerm CapGains

 

Re: INFN

What do you see for INFN, LT? I just looked at it, and it has retraced the entire gap from February where it jumped from low 9's to mid 12's. So it could bounce after that gap filling. OTOH, it still looks weak, below the 20 and 50 ma's which are both heading down, and now at the upper end of the trading range from Nov to Feb where it was low 8's to low 9's. A cursory look at recent earnings suggests no near term catalysts there, but I've no doubt you've looked in far more detail about that.

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