INFN strong like bull

Continues to look strong today by moving out of a 6-7 week base to new highs. Thursday showed a bounce off the 50dma on above avg volume (indicating support from the big boys). Friday followed through, up a tiny bit with above avg volume. That kind of bounce off the 50 is often a good signal to add to a stock the have faith in. IBD looks for good growth stocks breaking out of a “proper” base on volume. (like to see 40% increase in volume over previous day.

Anyway, we like the stock and it would not be too late to add today if you did not Thursday.