INDI trade ideas

cointrustmoon1

stock has broken out of range and is pushing to a new resistance area around 8.80 there is 200 ema around 8.15 but that is really the only obstacle

cointrustmoon1

I believe this is a great opportunity for a put with indie raging to the 200 day ema it would seam like it needs to gain some strength before pushing through such an area

IboProtrader

$INDI did as I expected in my last post on $INDI. Considering the general tax selling sell-off in the market towards the end of the year it is possible that it is headed to its main support area around $11, which is nearly 200SMA today. This is a drastic pullback, but SPACs have not found their firm stepping stone to higher prices yet.

IboProtrader Updated 

$INDI is trying to break $12, which should happen sooner or later, and if so there will be an easy 25% rise to $15

mdarwish313 Updated 

$INDI had a Head & Shoulders Pattern in the past which it obeyed successfully. Now we are in the end of a Bullish Pennant pattern. I hope it fires up soon. Analyst targets on it are: - $14 - $18 I have 1000 shares @9.51

KDUB2186 Updated 

Forming an uptrend with lighter volume (weak trendline as of now) -volume could be growing in anticipation of INDI ringing NASDAQ opening bell -chip crisis will help this Bullish for now