Infineon Technologies (IFX)

Infineon Technologies (IFX)

Infineon Technologies (IFX) EW-Analysis

Infineon Technologies reaches new highs before a major breakdown. Since its IPO in 2000, the Infineon stock found its bottom at $0.31, representing a decline of approximately 99.48% from its previous all-time high. However, in 2009 the stock regained new impulsive bullish momentum and formed a bullish uptrend