lauralea

Cup and Handle

Long
lauralea Updated   
NYSE:INFO   None
Large effective volume today with a pocket pivot in the last 10 days
INFO looks to be struggling under some hard R right now
Has passed long entry, or prior yearly high from when the world caught the plague, but was in a solid uptrend before falling ill. Looks to be trying hard to recover lost ground

A yearly Cup and Handle patterns need to break the prior high, which INFO has done...if it breaks through that R overhead then who knows?

I own this stock but I do not recommend it
No rising wedges noted which is refreshing (o:



Effective Volume analyses the intraday volume on the minute level to determine what small and large players are doing in terms of accumulation and distribution. For using the indicator you should basically understand: if the red line goes up, large players are buying on average, if it goes down, they are selling.

Pocket Pivor: The price goes up compared to yesterdays close and
the volume today is higher than the maximum down volume of the past 10 days
Comment:
Turn that Red R green (o:
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