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INFOSYS LTD SPON ADR EACH REP 1 ORD SHSINFOSYS LTD SPON ADR EACH REP 1 ORD SHSINFOSYS LTD SPON ADR EACH REP 1 ORD SHS

INFOSYS LTD SPON ADR EACH REP 1 ORD SHS

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Good industry leader worth lookingI really like the techniclas of NSE:INFY , it has done three breakouts with good volumen and it stayed strong during the market correction. The price is above its key MAs, is in the list of 52-week highs in Barchart and is ranked 4th in its industry by Investors Business Daily with a relative strengh rating of 81. I mean is almost too perfect to be true so, I checked its quarterly revenues in Reuters and from 12/2019 to 03/2020 had +0.86%, from 03/2020 to 06/2020 was +1.72%, from 06/2020 to 09/2020 was +3.81% and from 09/2020 to 12/2020 was +5.71%. Its growth is growing, that's a really good sign. Yesterday did a breakout of a third base so it may not be in its early stages but I think its worth to look at.
NYSE:INFYLong
by dpuleo19
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