Signal Update
Our system’s recommendation today is to BUY. The BULLISH PIERCING LINE pattern finally received a confirmation because the prices crossed the confirmation level which was at 21.3500, and our valid average buying price stands now at 21.4900. The previous SELL recommendation was issued on 5/29/2013, 20 days ago, when the stock price was 21.9312. Since then IRF has fallen by -2.01%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.