PedroBossideCastro

$ITGR (ITGR) cup with handle formation

Long
NYSE:ITGR   Integer Holdings Corporation
It looks like ITGR is forming a cup with handle (or double bottom with handle) that started in April, with a resistance at the lower $85 level. The stock price showed a small decrease during the last few weeks (handle), the volume dried up due to the lack of interest from the holders to sell it and the price at the close didn't show significant fluctuations. A volume increase during the next few weeks could indicate that the stock price will advance in its bullish trend that started in 2017. Based on the last peak, in March, the stock price could be adjusted up by ~10% depending on the results presented on the release (Aug 1st) and on the volume.
Declinazione di responsabilità

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