timwest
Long

Iac/Interactivecorp IACI Daily - Earnings Trend SUPPORT

NASDAQ:IACI   IAC INTERACTIVECORP
182 1 2
I'm trying something a little new here, but highlighting where IACI has reported earnings in the past. Since these days are the 4 most important days each year in the chart of IACI, I am doing some creative "trend" analysis and using the mid-point of the 3-days of earnings reporting.

See what you think. This stock is cheap relative to the social networks and internet bubble stocks , and is nicely oversold relative to its recent high.

Risk, 3 average true ranges, versus an upside target of roughly 5 average true ranges (11-day calculation).

Tim 9:52AM Monday, May 19, 2014 62.90 +0.09 last
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timwest PRO
2 years ago
Also - UP bars are purple. Down bars are green. Black bars are inside/outside bars
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