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Garden Rose

07/07/14 5:25 PM

#10425 RE: roxandbonz #10424

FYI, IFON has a double top formation at $2.64, one in late May and the other on July 1st. Double tops indicate a trend reversal when in an uptrend.

However, caveat, when the money flows the stock just goes.

http://www.trending123.com/patterns/double_top.html

*For a true double top, it has to go below its lowest valley which is $1.86....so we will wait and see if it goes below.