INMD Entering #Breakout #ModePosted about this setting up on September 12th and listed 3 reason why this is a nice looking setup. Rectangle range is pretty tight so target around $45.
see the post here
INMD trade ideas
INMD 2 Month #Rectangle #ChartPattern (3 reasons to like it)3 reasons to like this rectangle breakout chart pattern. A daily close above $36.75 will:
1) Confirm breakout above 200 MA
2) Clear 2 month consolidation chart pattern
3) Clear weekly down sloping trend line (red dotted line on chart)
Buying a healthcare company to add to my portfolioUnderstand more about Company background here
I will be taking a small bite here tonight ! Join me ?
INMD is taking offMake sure to grab some INMD before it is too late. It is not a good entry right now, but may be like this Friday when it dips a bit or when it sits on the 20EMA. 4 days straight up, RS line looks strong (all time high for this month), volume looks ok.
INMD Long, Monthly Reversal PlayIf the 1% don't stop spending, this new plastic surgery technology may continue to be used. This is a monthly chart. Trailing the stop up each week is probably my play
INMD - ready for the next leg up?I thunk so. It ran from 36 to 53 in two weeks after coming out of the first flag. Second flag being formed. Two steps forward one step back. Aligning right at two FIBs. Closed above both today. I like this to run up ahead of earnings unless market falls apart early next week.
$INMD | Daily TF | Bull Flagdont rush into this, macro perspective this stock has been a clear uptrend since being listed, knowing so, we dont want to be tryna call the top, so watch it over, set alerts and plan your trades accordingly while managing RISK! Do not FOMO in, just wait and play the breakouts and use stops
2 scenarios, leaning bull
INMD - on the move!INMD looks like it wants to attack the ATH. Has been on a tear after working off the prior overbought condition. Attracting momentum and new IPO traders. My bet is that it takes out the old high.
INMD - Marching higher again!INMD appears to be heading up like many of the 2019 IPOs over the last couple weeks. After a huge move it consolidated as expected and is now on the march back up. RSI and MACD still favorable and this is a 4 hourr chart. Little FIB resistance here so may pause a little. Looking for it to challenge the old highs which is about $10 from here.
INMODE POSSIBLE ATH Inmode broke out from falling wedge, MACD looks great, volume is convincing, gap filled. Target $55.
INMD - Gap Filled!INMD appears to be getting to the bottom of its correction. Today it filled a gap and held a key FIB support. I suspect there may be a little more sideways action before the next leg up resumes. Watchlist item.
INMD Short Term set upINMD in retracement ... if it closes above 39 for next 2 days, should be entered for a short term swing ... if not, 30 would be a good entry point.
Hourly chart, might nibble at 38 and size around 35-36 will seevery interested in their next ER report
Triple M on Inmode?Amateur here, was just hoping for some feedback to see if I’m looking at the right things.
