Infinera's share price while moving within the local uptrend has broken through the strong reclining resistance level and reached the nearest local maximum of about 9.50. At present time the price corrected to 9.30 and probably will resume the growth. Confirmation of a buy signal will be fixing the price above 9.50. In such case the closest target levels will be 9.80, 10.20 and 11.00. We expect further price growth in the medium term.
20.06.2014 - Infinera's share price can change the trend
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