International Rectifier (IRF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : International Rectifier (IRF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AL Benz who wrote (885)	1/13/1998 12:55:00 PM
From: DanZ	Read Replies (1) of 1712

Hi Al, I'm just watching IRF for now, still haven't bought any. The stock broke below support on the weekly chart (11 1/2) and is barely hanging on to support on the daily chart (10 1/2). If it closes below 10 1/2, then I think there is risk down to 9 or 9 1/2 where it would be a very good buy. A bullish divergence is developing on both the daily and weekly charts because the stock has broken down while the relative strength is improving. A short term trading opportunity would be confirmed by a close over 11 1/8 with upside potential to 12 1/4 or 12 1/2 where I see resistance coming into the stock. Best of luck to you and all, Dan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next