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Inteliquent, Inc. Message Board

  • thetechtraderca thetechtraderca May 7, 2013 9:50 AM Flag

    Harry Boxer's Charts of the Day

    Harry has posted a Charts of the Day video on IQNT at TheTechTrader site noting: Neutral Tandem, Inc. (IQNT) had a swing trade put on it on Monday, and this is why. This stock popped, formed a 2-day wedge, broke out, and looks like it wants to run. It was up 60 cents, or 12.6%, on 3.9 million shares. It has a beautiful-base pattern and a break out at resistance. Resistance is at 5.32, the high was 5.50, and the close was at 5.37. That is incompetent technically. If it can get up through here, the next targets are 7 short-term, and 8 intermediate-term.

 
IQNT
18.90-0.41(-2.12%)Apr 27 4:00 PMEDT