INMD - Bull or Bear, Take your pick!
- Cup formed at top of 38
- Handle formation now in progress
- Handle formation can pullback to as low as 35
- Break below 35, does not look too good
- If bull flag plays out, targets are good for 40 (fib extension 1.0) and 42 (fib extension 1.618)
- Handle formation now in progress
- Handle formation can pullback to as low as 35
- Break below 35, does not look too good
- If bull flag plays out, targets are good for 40 (fib extension 1.0) and 42 (fib extension 1.618)
My Watch/Plays
- Multiple sold puts and calls to hold
- Pullback and hold at 35 and above, will increase more sold puts positions
- Will not sell any more calls until bull flag plays out or break below 35 support
- Multiple sold puts and calls to hold
- Pullback and hold at 35 and above, will increase more sold puts positions
- Will not sell any more calls until bull flag plays out or break below 35 support
Exciting counter. Good luck, all!
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