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