Open/close reversal: Buyers have lost control during the trading day for IFM

[BEARISH]: Infomedia opened in the lower part of daily range at 26.3% & closed in the lower part of the trading range at 26.3%. This suggests the buyers have lost control. Over the last 12 months there has been 1 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 7.1%.

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