INFN has a strong resistance as it has tested it 4 times in the past 3 months. We are expecting that the price will retest the support again and we are expecting it to fail this time. Enter the short position when (and only if) the price breaks the support. Moreover, you can enter the short position when the price retests the support and confirms it as a...
Decision to Sell Short. Entry Price 1: $7.92 Stop Loss 1: $8.45 Target Price 1: $7.55 Entry Price 2: $7.89 Stop Loss 2: $8.45 Target Price 2: $7.50
Again, I don't get the pessimism. Another bullish chart pattern, with guaranteed +++Surprise earnings in May 5th. Common, this is still way undervalued. Last three quarters Surprise earnings +0.05, +0.08 and +0.11 (+550%). Next four quarters earnings are exponentially increasing well into Q1 2022. I think we will see 15-18 in the next 3-6months.
Nice BIG cup and handle forming .........................13-15$ .....here we go?!?!?!?!?!?!
Again +550 Surprise on earnings. Love to see this explode to $20-25. They are gaining market share. CIEN is loosing.
This stock showed some bullish move earlier I jumped in at the break of a fractal box on the 27th of Jan Price $10.30 But it spiked up and pulled back But it has not gone down more than needed to invalidate the setup. Hence it is still a good setup and I'm staying in it for now. Targets are $11.30 and $12.60 Goodluck
Chart is set up for a nice 15-20% move on positive earnings
Love this stock..............AND Careful Lads. Head and shoulders..................
Potential entry above $9.40 Target price $10.20
IN THE LONG TERM , WE CAN EXPECT A BULLISH VIEW ON IT ... IN THE SHORT , IF IT CAME DOWN TO THE LOW OF 8.51 , THE MARKED AREA IS A GOOD PLACE TO LONG
we are at a big resistance right now and we night need some time to cool down. it wants to break out of this downtrend channel. be careful for now because its acting as resistance :) gl!
As a beginner in Technical Analysis I just learned how to read the butterfly pattern and realized, as an INFN owner since some time, this would have been a great tool to spot the bearish breakout around July 29th with support by the RSI trigger! Following this breakout looks to be a pennant formation setting up for a continued fall. Input on this idea is very welcome!
INFN: Infinera Corporation 2020-07-14 08:00:10 GÉANT Awards Infinera Contract to Deploy 600G Transmission Technology to Interconnect Pan-European Research and Education Community
BUY INFN LONG ENTRY 1 3.95 LONG ENTRY 2 4.12 SL $2.00 Take Profit 1 $4.86 Take Profit 2 $5.60 Take Profit 3 $6.12
Bought in at 6.10 gonna ride this till I see some sign of reversal