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...
No rising wedges in the yearly chart.
Bull flags often form after price has doubled, or a 90% increase in price as a rule..and the flag formation a corrective move down which is to be expected after a large move up. There are smaller flags as well. These can be hard to get compfy with when the pole is so long, as many feel as if the move is over due to the...
Similar to the $QNST setup i shared earlier today, $IAC is pulling back in a bull flag fashion after a 121% run. On my focus list heading into this week.
I A C/Interactivecorp (IAC)- OPERATES SEARCH ENGINES, ONLINE PORTALS/ADVERTISING/SOCIAL NETWORKING/MULTIMEDIA CONTENT/E-COMMERCE WEBSITES.
Hey people, IAC INTERATIVECORP is in a compression zone, it could breakout the consolidation zone and maybe even break the next one if the buyers are present.
Please LIKE & FOLLOW, thank you!
========BULLISH AND UNDERVALUED STOCK=======
LONG ABOVE $258 AND GOLDEN POCKET RESISTANCE.
TARGET TO THE HIGH SIDE $290,
HIGHLY DEPENDENT ON ACCOMMODATING MARKET CONDITIONS
