INGN Selling Short Earns Higher Profits Faster

The Inogen Inc. chart shows that it takes much longer to reach a Peak new All-Time High. However, a Topping Formation or Business Bear Downtrend occurs much faster. There is triple or quadruple the points profit in half the time when selling short a stock as compared to buying it going long in the market. This stock is now at a support level and is no longer a viable sell short candidate.

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alltimehighCandlestick AnalysisChart PatternsdowntrendhigherprofitsINGNpeaksellingshortsellshortSupport and ResistancetoppingformationTrend Analysis

Martha Stokes, CMT
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