Short

IPHI - Short from current price to 30 area

IPHI gapped up on earnings to a declining head & shoulder resistance and declined a bit from there. We think it will decline form here & may complete the H&S formation.

So we are looking for a short from current price to 36.13 or lower to 30.13

You can check our detailed analysis on IPHI in the trading room/ Executive summary link here-
youtube.com/watch?v=Awz3vQ2jnLs
Time Span: 4:40"
Trade Status: Pending
IPHIshort

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