NASDAQ:INMD   InMode Ltd.
Bullish
Fundamental

- High inflationary Macro environment / no fear sentiment
- Funds Accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Top Sector / Industry
- Niche market thoughts

Technical
- Momentum Theory Indicator - breaking out neckline
- Price action formation ( falling wedge )
- Broke Trend line
- Doing double bottom under major S/R level
- Below 200MA
- Supported by POC
- ST pending
- Bullish candles
- Volume surged


Entry idea

- For members


Stop loss depending on entry and risk appetite. But always set meaningful stops.

“Every experience is a positive experience if I view it as an opportunity for growth and self-mastery.”

Cheers and happy trading!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.