lauralea

Cup and Handle

Long
NASDAQ:IPHI   None
Long with research..lol

IPHI is forming a ledge up there..break away gap under price..

I think IPHI is being purchased by MRVL..but double check me on that..

Anyway, it does put a limit on how high this will go and I am not sure how far a long in the deal they are..or if it will even happen for sure..

Break-away gap on news of pending acquisition..NV tanked after gap up..they knew something before I did..lol..so institutions and computers are in and unless price they bought at is threatened they may not come back in...125ish...this one would require some research perhaps..

No rising wedges in yearly chart..obv is high..NV flat after gap up..short interest is low..


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