IINN looking for a 10% move week of July 11thStock is reflecting oversold on the 15 minute chart while price has held above $2 throughout all of the rallying since its initial pull up from earlier this week on the news (captured below) I will be looking for a technical setup for a move up for 10% or more. If this stock breaks below the $2 mark then I will re-asses the plan on this one. (Not financial advice)
Inspira Technologies Oxy (IINN) said Thursday that it has signed an exclusive three-year agreement with Glo-Med Networks to distribute Inspira's HYLA blood sensor device and disposable units in six US states.
The six states covered in the deal are Texas, New Jersey, New York, Florida, North Carolina, and South Carolina. The companies will also collaborate on marketing and deploying the HYLA blood sensor. Under the agreement, Glo-Med has committed to buy at least 3,889 HYLA blood sensors and 264,873 disposable units for deployment at hospitals and medical centers.
IINN trade ideas
$IINN PT 9 and higherInspira Technologies Oxy B.H.N. Ltd., a specialty medical device company, engages in the research, development, manufacture, and marketing of respiratory support technology to provide an alternative to invasive mechanical ventilation (MV) for the treatment of respiratory failure. Its lead product is the augmented respiration technology system (ART), a respiratory support system comprising minimally invasive, portable dual lumen cannula, which is inserted into the jugular vein and utilizes extra-corporeal direct blood oxygenation to elevate and stabilize declining oxygen saturation levels. The company was formerly known as Insense Medical Ltd. and changed its name to Inspira Technologies Oxy B.H.N. Ltd. in July 2020. The company was incorporated in 2018 and is based in Ra'annana, Israel.