RSI has plenty of room to grow and the MACD is trending for a nice long run with buyers in control. Looks like the trend is ready to run to ~$72 as the resistance line and we will see if it breaks through it to make new highs.
InMode has been a great performer over the last 12 months. Consistent price momentum with good financials. It is back at its 20 day where it has typically provided support so could be a good area to look at an entry. Worth a watch.
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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...
Nice cup and handle on INMD . (I'm not looking at fundamentals here, just technicals.) What's a cup and handle? A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and is used to...
Title says it all: give it a week or two. opened this today with the dec 75 and nov 95 puts.
Buy-stop limit. Don't have time to enter details of fundamentals etc. Not investment advice. Educational purposes only.
INMD has been a textbook true market leader (TML). Volume has been outstanding in this stock and has recently faced a slight pullback at the beginning of last week. It was a big move down but quickly had two inside days to reclaim the 21 & 8 EMAs. The stock was really eaten up by buyers when it was below the 21EMA which is a positive sign. Volume has steadily been...
Had those ghost bars marked on my chart. Fell asleep and missed the 43x (so far) option play..... : (
$INMD Very nice gap up breakout today with huge volume. This company is very strong fundamentally. We have not been able to open a position. Now the stock is really overextended, we expect a pullback to be able to open a position. Have you been able to enter ? If yes, where and can you explain why ?
INMD Inmode Ltd is an Israel-based company. It designs, develops, manufactures and commercializes energy-based, minimally-invasive surgical aesthetic and medical treatment solutions. The Company’s proprietary technologies are used by physicians to remodel subdermal adipose, or fatty, tissue in a variety of procedures including fat reduction with simultaneous skin...
InMode Ltd InMode Ltd. is a provider of medical technologies. It develops, manufactures and markets devices harnessing novel radio-frequency technology. The company serves plastic surgery, gynaecology, dermatology, otolaryngology and ophthalmology. InMode Ltd. is based in Yokneam, Israel. Analysis/Commentary Relatively new, but with extremely good EPS and Sales...
INMD Hit the target of $82.46 (1.618 fib level). Looking for a retrace to .618 or .5 fib level for an entry (75.41 - 73.17)
I've been watching $INMD for awhile now and it's held up relatively well during the last few weeks in spite of the market's movements. I like how the volume has been declining the last couple weeks too. I have an alert set when / if it crosses over the short term down trend line. I'll be looking for more buying volume and a strong overall market before...