INUV shows a nice cup and handle. Could be breaking out soon.
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The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
INUV gapped up yesterday to close at the .382 fib level at $1.65. The MACD is also also about to cross. In addition the RSI is still on the the cool side and the current price is near the POC line making this a low risk entry. Looks like its gapping up premarket (2/9/21) I think over $1.78 this takes off. $2.35 target
www.weedkiller420.com
Bullish Flag, confirmed
Pros:
Descending volume during formation
Golden star in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
200MA ascending
250RSI above 50
Cons:
No volume at break out
If confirmed:
PT = 2.87$
Inuvo, Inc. engages in the provision of artificial intelligence-driven commerce solutions. The firm provides platforms that can identify and message online audiences for any product or service across devices, channels and formats, including video, mobile, connected television, display, social and native. Its products and services include ValidClick, IntentKey and...
Bullish Pennant
Pros:
Descending volume during formation
Golden star in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 7
200MA ascending
250RSI above 50
If confirmed:
PT = 3.30$
nice breakout for INUV last week, first price target would be 3.4 i 2.4 resistance can break and hold. second price target would be 6-7 if it can break into the top blue channel. ill consider some over 2.4 for a day trade next week. leave a like.follow if you enjoy my ideas <3
