AlfonsoMoreno

IAC Interactive Corp Stock Analysis: Is it Time to Buy Shares?

Long
NASDAQ:IAC   IAC Inc.
IAC Interactive stock has reached a strong monthly demand imbalance sitting around $44 per share. The imbalance has been in control for more than six months. There is a lot of room for profit. The first expected target would be $85, and then if the monthly highs are broken, there is nothing to prevent the stock from rallying al the way up to the second target at $132 per share.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.