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After Yesterday's Decline of 9.95%, Infinity Pharmaceuticals Offers Investors Better Value
[June 25, 2013]

After Yesterday's Decline of 9.95%, Infinity Pharmaceuticals Offers Investors Better Value


Jun 25, 2013 (SmarTrend(R) News Watch via COMTEX) -- Infinity Pharmaceuticals (NASDAQ:INFI) traded in a range yesterday that spanned from a low of $16.07 to a high of $18.65. Yesterday, the shares fell 10.0%, which took the trading range below the 3-day low of $18.00 on volume of 3.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.



SmarTrend recommended that its subscribers protect gains by selling shares of Infinity Pharmaceuticals on June 3rd, 2013 by issuing a Downtrend alert when the shares were trading at $19.44. Since that call, shares of Infinity Pharmaceuticals have fallen 5.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Infinity Pharmaceuticals has traded in a range of $5.50 to $50.51 and is now at $16.56, 201% above that low. The 200-day and 50-day moving averages have moved 0.02% higher and 4.64% lower over the past week, respectively.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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