Nov. 13 at 2:19 AM
$INFA: The current market context shows a last close at
$24.84, with the RSI at 50.0, indicating a neutral momentum. The MA30 at
$24.87 and MA50 at
$24.85 are closely aligned with the last close, suggesting a consolidation phase. The 60-day high of
$24.98 is just above the current price, while the low of
$24.70 indicates a relatively tight trading range.
Directional bias is neutral; however, a break above the 60D high could signal bullish momentum. Suggested entry is at
$24.90, just above the MA30 and recent high. Set a stop loss at
$24.70 to limit downside risk, considering the 60D low. For targets, aim for
$25.10 (previous resistance) and
$25.30 (psychological level) if bullish momentum is confirmed.
Monitor price action closely for shifts in momentum.
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