INMD - Upcoming moves?
Background - INMD likes to pre-release earnings guidance 3 weeks before actual release. The current projection is 27 July, and working backwards means the pre-guidance likely to be around 7 July.
Moves - Often, INMD either moves upwards towards pre-guidance or drops before pre-guidance. If it goes up, it often comes down after. If it goes down leading towards, it goes up after.
Charts/Price action
- Can it form a higher higher above 38?
- If it does, it may come down to form the higher low above 32
- Then for that breakout when the pre-guidance gets release around 7 July
- Can it form a higher higher above 38?
- If it does, it may come down to form the higher low above 32
- Then for that breakout when the pre-guidance gets release around 7 July
Whatever, it is exciting and INMD can play the ranges. Lucrative.
Good luck, all!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
芝士就是力量90 : Thank you,very nice series of follow up comments
Asphen OP 芝士就是力量90 : thank you