Tea-Trades

INMD - POST TRADE ANALYSIS

Long
NASDAQ:INMD   InMode Ltd.
It is a great service to the TV community to post entries, but I think we learn more through our post-trade analysis. This name did not move quickly like I expected it to do. It was a beautiful continuation pattern, but on further observation, a late entry due to the extension of the 10-day above the 20-day. It's right for the 10 to be above the 20 but when there is air or space above the 10-day, it is most likely time to take profits. In this case, I closed the position.

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