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Stock Market & Financial Investment News

News Breaks
January 31, 2013
14:25 EDTTIVOTiVo breaks out, new bullish pattern now active
The stock is up over 7% today and has hit a fresh 52-week high. On a weekly chart there is a clear bullish flag pattern now active. If this pattern remains active and completes, it has upside potential to the $15.50 area over time. A move below $12.65 would make the pattern inactive. A break below the $11.80 area, the low of the bearish price channel forming the flag, would void the pattern completely.
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