Monday, July 11, 2011

Infrax Systems (IFXY) Technical Stock Chart Video

The Infrax chart looks to be finding a base and holding support at $0.002. The rounded bottom that is forming can often lead to a sharp upward move which is what technical traders will be watching for as resistance is intact at $0.0025. The MACD and RSI are trending upward and reaching critical points to the swing into bullishness to happen; another fact that will have the eye of traders to see if the resistance will fall.

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