Follow Up to last week’s 3 Charts – INVN, IPGP, and YNDX:

  • INVN:  A signficant downside reversal on attempted breakout above the pivot on Tuesday warranted a quick sell. Still holding the 50-day and has been very volatile since its IPO. 
  • IPGP:  Price and volume pre-ER last week was looking very good.  Actually moved above its pivot before Thursday’s close on 84% increased volume which.   However, Friday’s reaction to the ER was poor and the stock is now below the 50-day.
  • YNDX:  A few moderate negative daily reversals this week but the critical 25 level held and the weekly chart shows positive accumulation the past 4 weeks. ER should be a catalyst this week.

This week:

Antichartjunk Week 8 ICPT Chart

Antichartjunk Week 8 IMAX Chart

Antichartjunk Week 8 MDC Chart 

All Week 8 Members

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